The permafrost area in Russia’s Far East accounts for 15 per cent of the country’s oil. Photo: AP

Melting Russian permafrost could cost economy US$2.3 billion a year

  • Thawing of once permanently frozen ground covering more than half of the country is putting buildings and pipelines at risk of damage
  • The permafrost area, which is under threat from climate change, accounts for 80 per cent of Russia’s gas operations
Topic |   Russia

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The permafrost area in Russia’s Far East accounts for 15 per cent of the country’s oil. Photo: AP
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In its steady push to clear smoke-blanketed skies, China is forcing homes and industrial plants to cut use of in favour of cleaner energy, such as renewables and natural gas. Photo: Simon Song

Gas demand growth in China slows as economy hits consumption

  • Sinopec predicts increase of just 10 per cent in natural gas demand, compared to 17 per cent last year
Topic |   Energy

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In its steady push to clear smoke-blanketed skies, China is forcing homes and industrial plants to cut use of in favour of cleaner energy, such as renewables and natural gas. Photo: Simon Song
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