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    The birth of a Eurasian century: Russia and China do Pipelineistan

    › › › › The birth of a Eurasian century: Russia and China do Pipelineistan
    Rael's commentsLeave a comment0

    RAEL’S COMMENT:  In fact, despite the colonialist naming of Europe and Asia as 2 different Continents, Europe and Asia are only one Continent which should be called Eurasia, or if non colonialist spelling was in traditional alphabetic order should be called Asieurope….why the name should be starting with Europe first ? And also Asia has a lot more population than tiny Europe. So except white racist domination there is no reason to place Europe before Asia in the name.

     

    Russia’s President Vladimir Putin (L) and China’s President Xi Jinping attend an agreement signing ceremony during a bilateral meeting at Xijiao State Guest house ahead of the fourth Conference on Interaction and Confidence Building Measures in Asia (CICA) summit, in Shanghai on May 20, 2014.(AFP Photo / Alexey Druzhinin)

    A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass – at the expense of the United States.
    And no wonder Washington is anxious. That alliance is already a done deal in a variety of ways: through the BRICS group of emerging powers (Brazil, Russia, India, China, and South Africa); at the Shanghai Cooperation Organization, the Asian counterweight to NATO; inside the G20; and via the 120-member-nation Non-Aligned Movement (NAM). Trade and commerce are just part of the future bargain. Synergies in the development of new military technologies beckon as well. After Russia’s Star Wars-style, ultra-sophisticated S-500 air defense anti-missile system comes online in 2018, Beijing is sure to want a version of it. Meanwhile, Russia is about tosell dozens of state-of-the-art Sukhoi Su-35 jet fighters to the Chinese as Beijing and Moscow move to seal an aviation-industrial partnership.

     This week should provide the first real fireworks in the celebration of a new Eurasian century-in-the-making with Russian President Vladimir Putin visiting Xi in Shanghai this Tuesday and Wednesday. You remember“Pipelineistan,” all those crucial oil and gas pipelines crisscrossing Eurasia that make up the true circulatory system for the life of the region. Now, it looks like the ultimate Pipelineistan deal, worth $1 trillion and 10 years in the making, will be inked as well. In it, the giant, state-controlled Russian energy giant Gazprom will agree to supply the giant state-controlled China National Petroleum Corporation (CNPC) with 3.75 billion cubic feet of liquefied natural gas a day for no less than 30 years, starting in 2018. That’s the equivalent of a quarter of Russia’s massive gas exports to all of Europe. China’s current daily gas demand is around 16 billion cubic feet a day, and imports account for 31.6% of total consumption.

    Gazprom may still collect the bulk of its profits from Europe, but Asia could turn out to be its Everest. The company will use this mega-deal to boost investment in Eastern Siberia and the whole region will be reconfigured as a privileged gas hub for Japan and South Korea as well. If you want to know why no key country in Asia has been willing to “isolate” Russia in the midst of the Ukrainian crisis – and in defiance of the Obama administration – look no further than Pipelineistan.

     http://rt.com/op-edge/160160-pipelineistan-brics-economy-deals/