MNI China Daily Summary: Wednesday, April 17

MNI BRIEF: China To Quicken Project Construction - NDRC

MNI BRIEF:ECB Unifies Interest On Non-Monetary Policy Deposits

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

MNI: PBOC Sets Yuan Parity Lower At 7.1025 Weds; -5.39% Y/Y

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

VIEW CHANGE: BNP looks for first cut in August rather than June

March Final HICP Data Suggests “Easter Effects” Limited To Airfares

MNI: US MBA: MARKET COMPOSITE +3.3% SA THRU APR 12 WK

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 Targets Infrastructure Projects to Increase Oil Exports

OIL

Russia has approved a plan to expand its oil export infrastructure in the next few years. Russia is looking to improve its East bound infrastructure now that its oil exports are primarily heading to Asia.

  • "By order of the President, in December last year, Deputy Prime Minister Alexander Novak approved the action plan prepared jointly with Transneft to implement the development of Russia's oil export infrastructure for the period through 2026," Energy Minister Nikolai Shulginov said.
  • "In order to increase oil supplies to the Asia-Pacific countries, a project has been implemented to expand the port of Kozmino more than 10%, taking into account the pipeline infrastructure," he said.
  • "The implementation of other priority projects on this roadmap continues, including the expansion of the main oil pipelines in the directions of the port of Primorsk and the port of Novorossiysk, which is planned for 2025," he added.
Energy BulletsCommodities
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