Russia prices are more expensive than Chinese domestic power rates so it is unprofitable to import. Russia is also facing its own energy shortages in its far east region, which has left very little surplus electricity available to sell abroad.
So the electricity flow has effectively been paused until both sides can agree on new terms.
sajukktheeternal on
Go china! 😂
Any-Original-6113 on
Is the Kremlin now tinkering with devaluing the ruble?
Just this autumn, they were propping it up by almost 20%.
Soft-Ingenuity2262 on
Interesting…
maaiikeen on
Everybody be beefing with their friends nowadays.
Stoic_cave on
Quick! Look like we’re not supporting Putin to appease Chinese merch
fa136 on
It seems to be circumstantial.
KevinBaudruche on
I’m curious how much % of this electricity is produced using oil, on both sides. Because oil prices are going lowest atm, so it could means a price change… For buyers…
10 commenti
Ahh, trouble in paradise. 😬
China starts the squeeze.
Russia prices are more expensive than Chinese domestic power rates so it is unprofitable to import. Russia is also facing its own energy shortages in its far east region, which has left very little surplus electricity available to sell abroad.
So the electricity flow has effectively been paused until both sides can agree on new terms.
Go china! 😂
Is the Kremlin now tinkering with devaluing the ruble?
Just this autumn, they were propping it up by almost 20%.
Interesting…
Everybody be beefing with their friends nowadays.
Quick! Look like we’re not supporting Putin to appease Chinese merch
It seems to be circumstantial.
I’m curious how much % of this electricity is produced using oil, on both sides. Because oil prices are going lowest atm, so it could means a price change… For buyers…