Separatists and Kiev, have signed a deal today. Looking promising, as I said, momentum is building to a long term solution. Add to this, we have a European decline. Sanctions could be lifted soon and this has been the cause of our sp decline. Things are not looking cosy for President Obama. Something will have to be done to the right wing Junta first. Germany, Russia and China are getting cosy. Not sure the US will allow this. Watch out for another false flag similar to MH17.
As we all know, Russia signed a 400 $ billion contract with China for gas. The new pipeline will be up and running, supplying gas by early 2018. There's going to be huge infrastructure changes to West and East Siberia in that period. Zol will reap rewards from this. At the end of the year, China will be the world's biggest economy.
Putin, offering European countries access to their own gas in Russia, is a wonderful strategy. Zol, is only down because of US driven sanctions. Europe is in the poo, a political shift to Russia is playing out.
Germany will have it's own gas in Western Siberia, just like us. They will be pumping their own gas, via pipelines through Ukraine. This hints at a solution to the Ukraine problem. German energy company RWE, has posted a drop in profit of 62% and e.on has a profits drop by 20%.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.