MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Russia and Turkey Start Work on Gas Hub Implementation

NATURAL GAS

Russia and Turkey have started working on the implementation of the gas hub project in Turkey, according to Gazprom CEO Aleksey Miller on Wednesday.

  • "Turkey and we have recently started working out the gas hub project in this country. This decision was made at the level of heads of two states and we have already initiated its practical execution," Miller said.
  • He added that the gas hub will support transparent and fair pricing on the natural gas market.
  • "The global gas market will continue developing at a high pace and consumption will grow by 20% over the next twenty years," Miller added.
  • Russia and Turkey are aiming to create a new gas hub with the potential for an expansion of the 31.5 Bcm/year TurkStream system as Russia look to increase the ability to redistribute gas output.
Energy BulletsCommodities
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