
Governor of the Krasnodar Territory Veniamin Kondratyev said at the VII Russian-Chinese Forum of Small and Medium Businesses in Moscow that the region is ready to produce agricultural products in demand in the Chinese market, moving away from the principle of “buy what we produce.”
AI-generated summary
The Krasnodar region is one of the leading agricultural regions of Russia, often called the “breadbasket of the country.” The Russian-Chinese Small and Medium Business Forum is held annually to strengthen economic ties between the two countries.
KRASNODAR, September 10 – RIA Novosti. The Krasnodar region is ready to produce agricultural products for China, said Kuban Governor Veniamin Kondratyev at a meeting of participants of the Russian-Chinese Committee of Friendship, Peace and Development.
The meeting took place in Moscow as part of the VII Russian-Chinese Forum of Small and Medium Businesses. One of the topics of the meeting was cooperation between the two states in agriculture.
“Kuban is the breadbasket of Russia and the leader in the production of agricultural products in the country, which meets the highest world standards of quality and safety... As part of the development of friendly and trade and economic relations, we are moving away from the principle - buy what we produce - and are ready to grow agricultural products that are in demand specifically on the Chinese market,” Veniamin Kondratiev said during the meeting.

Gazprom states that Europe's underground gas storage facilities are only 67.3% full as of September 8, 12.8 billion cubic meters below last year's level, with gas prices reaching late 2022 crisis highs of over $1,000 per 1,000 cubic meters, narrowing the window for replenishment before the heating season and increasing supply reliability risks for European consumers.

Governor of the Kaliningrad region Alexey Besprozvannykh announced that gasification of Baltiysk will be completed by September 1, 2027. The first stage has already been completed and covered about 5 thousand residents, the second stage will be completed by March 2027 for another 7 thousand people, the third stage - for the remaining 4 thousand residents by the beginning of the 2027 heating season.

High gas prices and a backlog in filling underground gas storage facilities increase the risks to Europe's reliable gas supply during the cold period, Gazprom reported on September 10 in Moscow.

The Rosseti company, with the support of the government of the Yaroslavl region, is beginning the construction of a new electrical substation in the Kuznechikha settlement, which will provide electricity to the Zavolzhsky district of Yaroslavl and the territory of the Yaroslavl district. There are also plans for a project to illuminate the highway from Yaroslavl to Uglich for two years, with work starting this year. In 2026, Rosseti's investment in the region amounted to more than 4 billion rubles, and the investment program until 2030 is designed for 14 billion rubles, including the reconstruction and construction of more than 1,000 km of networks.

Gas prices in Europe have reached levels typical of the December 2022 energy crisis, exceeding $1,000 per 1,000 cubic meters at major hubs with day-ahead delivery, Gazprom said.

The approach of the heating season in Europe is reducing the ability to restore gas reserves in underground storage facilities, leaving the market vulnerable to rising demand, import disruptions and competition with Asia for liquefied natural gas, Gazprom said.