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Wednesday, May 2, 2012

Any Thoughts How This Might Affect Brent?

It looks like China will compete with Europe for oil and natural gas from Russia.
Growing demand from China is expected to be one of the defining features of the energy market in coming years, as the country looks to continue its rapid expansion.....China has begun to increase its dealing with .... Russia....

While Russia is one of the world's largest energy exporters, including massive amounts of both oil and natural gas, much of its industry is focused westward where it trades with countries in Europe, and south toward central Asia.

China has begun to bridge the divide with the first natural gas pipeline between the eastern region of Siberia and China coming online earlier this year.
Thank goodness China did not have to contend with faux environmentalists and an aquifer.

 It looks like Russian and China just want to get things done.

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