综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Opinion

Gas deal to bring benefits, price pressure for China

(Xinhua) Updated: 2014-05-23 09:57

BEIJING - After securing the long-awaited gas agreement with Russia, China may have to take on more tasks on the energy front while enjoying the benefits, according to analysts.

One of the immediate benefits from the landmark deal was seen in China's equity market, where share prices of gas companies jumped across the board on Thursday.

Gas deal to bring benefits, price pressure for China
China discovers huge oil, gas deposits

Gas deal to bring benefits, price pressure for China
China imports morenatural gasin 2013 

"The cooperation will bring new blood to China's domestic gas industry," said Sun Yang, an analyst with the commodity service website, www.chem365.net.

Sun expected pipeline construction, equipment manufacturers and gas companies to be boosted by the deal.

The 30-year gas supply deal, worked out on Wednesday in Shanghai between China National Petroleum Corp (CNPC) and Russia's state-controlled entities Gazprom, ended a decade of negotiation between the two countries.

CNPC said in a statement that the imported natural gas will mainly supply regions around Beijing, cities in northeast China as well as the Yangtze River Delta.

According to the agreement, the east route pipeline will start providing China with 38 billion cubic meters of natural gas annually from 2018.

The price details have not been disclosed but earlier media reports projected the contract price could be $400 billion.

Even though China has increased its gas imports in recent years, some gas importers ended up in losses due to a lower domestic natural gas price, thus discouraging some companies to increase gas imports.

Analysts widely agreed that if China can strike an imported price at 2.19 yuan (about $0.36) per cubic meter with Russia, it would be competitive for China.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
盘锦市| 普兰店市| 景洪市| 石嘴山市| 钟山县| 古浪县| 开化县| 中超| 信宜市| 綦江县| 昌乐县| 湘潭市| 云霄县| 扶余县| 胶南市| 陆良县| 墨脱县| 新邵县| 平原县| 聊城市| 北京市| 修文县| 沁水县| 铜鼓县| 安岳县| 桓仁| 任丘市| 闸北区| 诸暨市| 永修县| 赤水市| 南雄市| 阳西县| 余干县| 宁城县| 工布江达县| 亳州市| 荥阳市| 金川县| 芦山县| 德保县|