China will allow private domestic enterprises to bid for a handful of oil and gas blocks in the far-western region of Xinjiang, the Ministry of Land and Resources said on Tuesday, in an attempt to attracted diversified investment.Source Rigzone
Trump reiterated that he’s opposing the Nord Stream 2 gas pipeline.
“More gas supply routes to Europe wouldn’t have any negative effects for the United States,” Sebastian Kurz said. “Europe would buy more natural gas from the U.S. if the price was competitive.”
The natural gas market is emerging from winter relatively unscathed despite potentially disruptive Chinese tariffs on U.S. gas. But the ongoing trade dispute is still putting a chill on cooperation between the two energy powerhouses and threatens to sideline billions in investment. Source: CNBC
Earlier on Friday, the crown prince met Vice Premier Han Zheng where the two sides agreed to expand cooperation on both China’s grand one-trillion-dollar infrastructure programme, the Belt and Road Initiative (BRI) and on Saudi Vision 2030, an effort by Riyadh to diversify the economy beyond oil and grow modern service and hi-tech industries. Source: Aljazeera
