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Commodities Briefing - Categorized | Energy, Oil more

3 Reasons Putin’s Nat Gas Deal Is A Big Deal

Posted on 26 May 2014

It’s not just because it took 10 years to negotiate with China or is worth $400 billion, but the new deal Gazprom signed to supply 38 billion cubic meters (bcm), which is about the amount NY state uses annually, of natural gas to China each year for the next 30 years may be a major game changer for 3 big reasons.
The first big reason is that this deal may reduce air pollution in China. That may not only clean the air for breathing but may reduce the erratic weather causing global warming that is spiking agriculture prices and now possibly food prices………………………………………..Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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