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Re: mick post# 45

Monday, 12/22/2014 4:40:24 PM

Monday, December 22, 2014 4:40:24 PM

Post# of 409
$400,000,000,000 deal with China!

http://www.bullfax.com/?q=node-russian-crisis-kills-big-german-gas-deal


Russian crisis kills big German gas deal
Fri, 12/19/2014 - 05:43 EDT - CNN - Money

BASF drops planned asset swap with Russia's Gazprom as Western sanctions bite.

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China and Russia’s $400-billion gas mega-deal hardly means game over for Canadian LNG
With its US$400-billion deal this week to supply natural gas to China, Russia has leapfrogged Canada and other would-be LNG exporters seeking to do business with the Asian nation. But Beijing has made it clear it will not be a pawn in Moscow’s great global gas game.

Gazprom Embraces Europe A Little More Closely
By Emerging Money: By Mitchell Hall Russia's state-owned natural gas giant Gazprom (OGXPY.PK) will take over natural gas trading and storage businesses it jointly owns with the world's largest chemical company, Germany's BASF (BASFY.PK), as part of an asset swap meant to avoid further winter supply disruptions to Europe that have occurred in recent years.

Former BP CEO Warns "Sanctions Will Bite West" As US Gives Majors 14 Days To Wind Down Russian Activities
For the past six months, even as Obama and the EU were laying harsher sanctions on the Kremlin, one group of companies had managed to sneak by unscathed and largely avoided being impacted by Russia's isolation by the West: the world's biggest E&P companies, as explained in detail over a month ago in "Exxon Drilling Russian Arctic Shows Sanction Lack Bite."

Russia Can Survive An Oil Price War
Submitted by Colin Chilcoat via OilPrice.com,

Russia, Ukraine trade blame as fighting tests truce
Kiev (AFP) - Tensions over Ukraine festered on Saturday after Kiev accused the Kremlin of seeking to "eliminate" the pro-Western former Soviet nation while Moscow charged Washington with orchestrating the entire crisis.

Russian firms turn to Asia for finance as Western funds demur
China and Russia sign 30-year natural gas deal worth US$400-billion
SHANGHAI, China — China signed a long-awaited, 30-year deal Wednesday to buy Russian natural gas worth US$400 billion in a financial and diplomatic boost to diplomatically isolated President Vladimir Putin. Negotiations on the price for the gas had continued into the final hours of a two-day visit by Putin to China, during which the two sides had said they hoped to sign a deal.

Russia's "Holy Grail" Gas Deal With China Now "Only One Digit Away"
We have previously profiled the "holy grail" gas deal between Russia and China on several occasions, and noted last week how it is expected to be signed this week - pending some final price negotiations.

Ukraine and Russia tackle gas crisis as tensions spike
Kiev (AFP) - Ukraine and Russia were set on Wednesday to resume crunch EU-mediated gas talks aimed at ending a months-long supply cut that threatens to hit swathes of Europe this winter.

Why Putin Is Smiling At The Bond Market's Blockade Of Russia
One of the recurring themes the western media regurgitates at every opportunity is that while the western "diplomatic" sanctions against Russia are clearly a joke, one thing that will severely cripple the economy is the capital market embargo that has struck Russian companies, which are facing $115 billion of debt due over the next 12 months.

- See more at: http://www.bullfax.com/?q=node-russian-crisis-kills-big-german-gas-deal#sthash.I6iLN6GN.dpuf