China is consolidating its position in the natural gas market, set to become the world's largest importer of pipeline gas this year, surpassing Germany. This change is driven by increased imports from Russia and recent agreements between Beijing and Moscow, including the construction of the Power of Siberia 2 pipeline. In contrast, Germany has reduced its dependence on Russian gas, switching to liquefied gas, which has generated volatility in the market. Global demand for gas continues to rise, with an estimated increase of 1.7% this year.
Sources
Latest News
22:47
Audi CEO criticized in Germany after appearing alongside Trump / Gernot Döllner participated in the announcement of a $4.2 billion investment to build Audi’s first factory in the US
22:39
Kelemen Hunor estimates that the Luca Niculescu Government will remain in power until 2028: “If nobody brings you down, then you have no choice, you are condemned to govern”
22:33
Microsoft offers voluntary departures to approximately 60,000 employees across four countries amid massive investments in artificial intelligence
22:27
Kelemen Hunor warns that Russia could attempt new acts of sabotage and calls on the state to protect critical infrastructure
22:18
The Minister of Justice announces new measures for implementing the Femicide Law
See more news