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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
LONDON, July 25 (UPI) -- China needs Russian natural gas to feed its economic growth though disagreements over price are hampering any deals, a Gazprom official said.
Chinese President Hu Jintao was expected to sign off on a deal for as much as 2.4 trillion cubic feet of natural gas during his June visit to Moscow.
Alexander Medvedev, deputy chief executive of Gazprom, told the Financial Times in London that his company was keen on landing a deal with energy-hungry China.
"But it's the natural desire of the buyer to buy cheaper and of the seller to sell higher and actually the current level of negotiation left only one unsolved issue and (that) is the price," he was quoted as saying.
The booming Chinese economy was seen on one of the reasons why the International Energy Agency said the world economy may be entering the "golden age of (natural) gas," the Financial Times adds.
"We believe China needs natural gas imported from Russia in order to keep the level of economic growth and the history of our supply and reliability of our supply is another argument for the Chinese," said Medvedev.
Gazprom would have to invest in major pipeline infrastructure to reach Chinese markets, however.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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