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Gazprom has signed new agreements with its Chinese partners to support the launch and operation of the cross-border section of the Far Eastern gas export pipeline to China.
The documents were signed in the presence of Alexey Miller, Chairman of the Gazprom Management Committee at the St. Petersburg International Economic Forum (SPIEF) 2025.
A strategic cooperation between Russia and China in gas sector was discussed during the Alexey Miller and Ding Xuexiang, Vice Premier of the State Council of the People’s Republic of China. It was noted that the overall exports of Russian pipeline gas have already exceeded 100 billion cubic meters since the start of supplies to China.
They reviewed the progress of the project for the Far Eastern route and stated that the gas supplies via the route are scheduled to begin in 2027.
The agreements—covering operational control and technical maintenance —were signed with China National Petroleum Corporation (CNPC) and PipeChina.
According to Gazprom, the agreements outline cooperation during the launch phase and subsequent operation of the pipeline’s cross-border segment, which will cross the Ussuri River near Dalnerechensk (Russia) and Hulin (China).
This follows the long-term Sales and Purchase Agreement signed in February 2022 between Gazprom and CNPC for gas deliveries via the Far Eastern route. Once fully operational, the project will add 10 billion cubic meters of Russian pipeline gas exports to China annually.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
British American Tobacco is preparing to sell its first disposable vape in the U.S. reversing years of opposition to unauthorised devices amidst a booming $8 billion market for synthetic nicotine products.
Large investors, wary of September’s traditional seasonal downturns, moved to lock in profits on Tuesday, according to traders and research firms – a sign that the sell-off in technology shares may reflect a broader retreat from risk.
Pop Mart has posted stunning interim results for the first half of 2025, riding on the explosive popularity of its breakout character Labubu.
Estee Lauder (EL.N) said on Wednesday that its annual profit forecast has come in below Wall Street expectations, as the cosmetics giant continues to face weakness in the United States and China alongside uncertainty over tariffs.
The U.S. Commerce Department has expanded steel and aluminium tariffs on Tuesday, to include more than 400 products, aiming to protect domestic industries.
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