position:rt business

  • How US sanctions on Iran can help Russia win trade battle with European rivals — RT Business News
    https://www.rt.com/business/428532-russia-iran-us-sanctions

    Russian companies working in Iran have an advantage over European rivals – they are already under US sanctions, so they have nothing to lose, TeleTrade Chief Analyst Petr Pushkarev told RT.

    Russian companies will continue doing business in Iran as if nothing happened at all – in oil, gas and nuclear energy. They have this advantage over the Europeans, who, like Total or Airbus, have major businesses in the US and are listed on American exchanges,” Pushkarev said.

    India & Iran drop dollar in oil trade to bypass US sanctions – report
    Companies from Russia can simply ignore Washington’s threats of imposing fines for trade with Iran or for conducting projects in Iran, the analyst says. Russian trade with Iran accounts only for $2 billion, but it can grow significantly, Pushkarev notes.

    This is quite real because Russia and Iran are natural allies in Syria. #Rosneft has preliminary agreements with Iran worth up to $30 billion, and even if only a small part of these plans are implemented with Russia, and not with European partners, it can be a significant gain for Moscow,” he said.

    Another possible sphere for boosting business ties between Moscow and Tehran are contracts for the delivery of civil aviation aircraft, Pushkarev says. Iran planned the purchase of 100 aircraft from Boeing, 80 from Airbus and another 20 from the Franco-Italian ATR. “Russia will have a chance to deliver its MC-21 jets, if Iran agrees to wait for a couple of years, since the aircraft is just on the way and ends the testing phase,” he said.

    Une ouverture à l’exportation pour le tout nouveau Irkout #MS-21 ?

    Irkout MS-21 — Wikipédia
    https://fr.wikipedia.org/wiki/Irkout_MS-21

    En 2009, Irkut annonce une première sortie de chaîne en 2014 et une certification européenne en 2016. Sa version de base MS-21-200 de 150 places devrait être suivie du MS-21-300 de 180 places et du MS-21-400 de 210 places.

    En septembre 2014, à la suite de retards, on déclare qu’il fera son premier vol en avril 2016 et entrera en service en 2017. Il est prévu d’en construire 50 exemplaires par an à partir de 2018.

    Le MS-21-300 effectue son premier vol le 28 mai 2017 à Irkoutsk. Il est rejoint par un deuxième prototype le 12 mai 2018.

  • Russia and Greece to ink Turkish Stream gas pipeline deal within days - Greek minister — RT Business
    http://rt.com/business/248629-greece-russia-memorandum-pipeline

    Russia and Greece are to sign a memorandum of cooperation on the construction of a new pipeline in the Turkish Stream project which will deliver Russian gas to Europe via Greece, according to the Greek energy minister.

    The memorandum is expected to be signed in the next few days, Greek Energy Minister Panagiotis Lafazanis said in an interview with the Sputnik news agency, adding that the pipeline would be not only a route between Greece and Russia but would as well be very important for Europe.

    “The visit of the government delegation, the meeting of Tsipras and Putin open the way for the pipeline which will begin at the border with Turkey and end at the border with Macedonia in the direction of Central Europe. This pipeline is extremely important for energy security and cooperation in Europe," Lafazanis said.

    The minister said that Athens expected to "receive significant financial dividends for the pipeline’s operations,” and that the pipeline will bring “extremely important profits to Greece, first of all, cheaper gas.” Currently Russian gas covers 66 percent of Greece’s energy needs.

  • Gas hungry China trims back shale goal — RT Business
    http://rt.com/business/188756-shale-gas-china-goal

    China has halved its 2020 goal for shale gas production. The country faces challenges ranging from difficult geology to shortage of technology in the area meant to quench its ever-growing energy needs.

    The country is only starting mass production of shale gas, which drastically changed the energy landscape in the US in recent years, with the extraction of 200 million cubic meters annually.

    In 2012, when Chinese shale gas production was virtually non-existent, Beijing eyed an ambitious goal of 60-80 billion cubic meters (bcm) by 2020, but the latest plans from the Ministry of Land and Resources on Wednesday lowered it to more conservative 30 bcm. A higher figure is possible, but conditional.
    (…)
    But the industry is still hurdled by several problems, including complex geology, shortage of advanced technology and skilled personnel and regulation barriers. There is also the dominating position of two state-owned giants, PetroChina and Sinopec, which enjoy a privileged access to fields discouraging private investment.

    China has been relying for decades on coal for the majority of its energy production, is undergoing a switch towards cleaner gas. The country is expected to consume some 311 bcm of the fuel by 2020, with conventional domestic production supplying only 200 bcm. Shale gas was hoped to reduce the dependence on gas imports.

  • China to ship up to 15% of trade through the Arctic — RT Business

    http://rt.com/business/china-ship-15-percent-trade-through-arctic-430

    A Chinese shipping company is planning the state’s first commercial voyage though the Nothern Sea Route to the United States and Europe in 2013. By 2020 China could transfer up to 15% of the country’s international trade through the Arctic.

    The news was announced by Huigen Yang, Director General of the Polar Research Institute of China at a conference in Oslo.

    #arctique #chine #transport-maritime