According to the latest CCTV news report, on the afternoon of March 7 local time, according to the Russian Embassy in Belarus, the third round of Russia Ukraine negotiations was held in belowege forest.

On March 7 local time, the press secretary of the Russian President Peskov said that Ukraine should recognize that the Crimea region belongs to Russia and recognize the independence of Donetsk and Lugansk. If Ukraine can accept these conditions, Russia will stop special military operations.

Russia approves list of unfriendly countries and regions

On the 7th local time, the Russian government has approved the list of unfriendly countries and regions, including the United States, EU Member States, the United Kingdom, Ukraine, Japan and some other countries and regions.

According to the document, the order is part of the "Interim procedure for the performance of obligations to some foreign creditors" ordered by the Russian President on March 5, 2022.

The Russian government said that according to the decree, Russian citizens, companies, the state itself, its regional and municipal governments who have foreign exchange obligations to foreign creditors in the list of unfriendly countries and regions can pay in rubles. In order to fulfill its obligations, the debtor has the right to apply to the Bank of Russia to open a class C account in the name of foreign creditors or nominees to pay off relevant debts.

The procedure applies to debts in foreign currency of more than 10 million rubles per month.

European natural gas prices soared

According to the Russian satellite news agency reported on the 7th, data from the London Intercontinental Exchange (ice) showed that the price of European natural gas futures continued to set an all-time high on Monday, rising by more than 50% to US $3300 / thousand cubic meters.

According to the Dutch TTF index, the most liquid European trading hub, the opening price of futures for delivery in April was US $2366.8. The growth was stable in the first few minutes and rose more than US $600 in less than an hour.

The report pointed out that in Europe, the significant rise in natural gas prices began as early as last spring. At that time, the spot index fluctuated between us $250 and US $300 per thousand cubic meters. At the end of summer, the contract price for delivery the next day exceeded $600, broke the $1000 mark in early October, reached a record $2411 on March 4, 2022, and reached a new high on March 7.

Medvedev talks about rising natural gas prices:

I can only congratulate my "visionary" European colleagues

Medvedev, vice president of the Security Council of the Russian Federation, believes that under the background of the continuous record setting of natural gas prices, European officials can only be "congratulated" on their "visionary" decision to suspend the use of the "beixi-2" natural gas pipeline, the latest news from the Russian satellite news agency said on the 7th.

Medvedev made the above statement when asked about his comments on natural gas prices in the European market, the report said.

"I can only congratulate the 'visionary' European colleagues who have reliably protected themselves from the insidious Russia and the beixi-2 project." Medvedev said.

The Russian satellite news agency mentioned that the price of natural gas was 300 euros / thousand cubic meters last spring, and now it has reached 3500 euros / thousand cubic meters. Earlier, according to ice data, the price of European natural gas futures rose to nearly 3900 US dollars per thousand cubic meters on Monday and fell to 2900 US dollars per thousand cubic meters within one hour.

"Beixi-2" is a natural gas pipeline that bypasses Ukraine from Russia and goes directly to Germany through the Baltic Sea. It takes more than 10 years from evaluation to completion, with a total cost of US $11 billion, and is jointly funded by enterprises from Russia, Germany, France, the Netherlands, Austria and other countries. Affected by the changes in the situation in Russia and Ukraine, German Chancellor Scholtz announced on February 22 this year that the certification procedure of "beixi-2" natural gas pipeline project was suspended. Russian Foreign Ministry spokesman zaharova said on March 2 that the German government's decision to suspend the certification procedure for the "beixi-2" natural gas pipeline project was unacceptable.

European Commission President meets Italian Prime Minister

Further sanctions against Russia are planned to reduce energy dependence on Russia

On March 7 local time, European Commission President von delaine met with Italian Prime Minister Draghi in Brussels. The two sides said that they were planning further sanctions against Russia and seeking more energy supply to reduce Europe's dependence on Russia.

After the meeting, von delaine said that the sanctions against Russia have been effective, but in view of the changes in the situation in Ukraine, the EU is trying to further impose sanctions on Russia with "no loopholes and maximum effect".

With regard to the soaring energy prices caused by the escalation of the conflict between Russia and Ukraine, von delaine said that it is necessary to find reliable suppliers to stop relying on Russia, so it is necessary to diversify supply. She mentioned the EU's "revitalizing energy" plan, which includes three aspects: investing heavily in renewable energy, accelerating green agreements and improving energy efficiency. The plan also involves consumer protection. Von delaine said that energy prices are affecting consumers and production activities, and the efficiency of the European market must be ensured structurally.

Draghi added on the energy crisis that in the future, he will discuss the diversification, restructuring and compensation mechanism of energy supply with the EU to protect citizens and enterprises. The Italian government is formulating new measures to curb high energy prices, which are expected to be implemented in April.

National Development and Reform Commission: China's energy supply is guaranteed

The impact of the conflict between Russia and Ukraine on energy supply can be controlled

On March 7, the Information Office of the State Council held a press conference. Lian Weiliang, deputy director of the national development and Reform Commission, said at the meeting that the recent escalation of the conflict between Russia and Ukraine has had an impact on the global energy market, and the international crude oil and natural gas prices have further risen. Due to the high proportion of crude oil and natural gas in China, it will be affected, and the import cost will rise objectively. But overall, the impact is controllable. This is because, on the one hand, China is a big energy consumer and a big energy producer, so the overall energy supply is guaranteed. China's crude oil and natural gas import sources have been diversified, and the proportion of long-term contracts is very high. As long as all parties fulfill the contract, the import can remain generally stable.

At the same time, China is vigorously promoting the implementation of clean and renewable energy, and the impact of high-quality alternative energy will also be accelerated. In the past year, the proportion of clean energy in China's total energy consumption increased by 1.2 percentage points; In the national power generation in the past year, the proportion of power generation from wind power and photovoltaic has increased by 2.2 percentage points. The national development and Reform Commission will take comprehensive measures to alleviate the impact of imported inflation.

How to ensure the safe and stable supply of energy, specifically "three efforts and one defense", strive to increase production capacity, strengthen reserves, strive to ensure supply and stable prices, and resolutely abide by the bottom line of energy consumption for people's livelihood. The core of these measures is two words, one is "increase" and the other is "stability". "Increasing" means increasing production capacity, volume, reserves and supply, "stabilizing" means stabilizing imports, prices and expectations. By implementing these measures, we are sure to ensure the safe and reliable supply of energy, and in this process, we will orderly promote the green and low-carbon transformation of energy.

National Development and Reform Commission: add more than 5 billion cubic meters of natural gas storage facilities, and resolutely ensure the safe supply of energy

At the press conference, Lian Weiliang also said that China has been deeply integrated into the world economy. The rise in global commodity prices has driven the demand for high energy consuming products. Geopolitical conflicts and changes in global energy supply and demand will affect the safety and supply of our energy.

The national development and Reform Commission will focus on four aspects to ensure the safety and supply of energy, specifically three "efforts" and one "good guarding". We will strive to increase production capacity, strengthen reserves, ensure supply and stabilize prices, and resolutely adhere to the bottom line of people's livelihood.

First, focus on increasing production capacity. The national development and Reform Commission will vigorously promote the construction of large-scale wind power photovoltaic bases focusing on desert Gobi and desert areas, significantly increase peak shaving power sources such as pumped storage, increase the effective output of all kinds of power generation, significantly increase investment in oil and gas exploration and development, and promote the increase of oil and gas reserves. Orderly release the advanced coal production capacity and maintain the coal output at a reasonable level.

Second, focus on strengthening reserves. The national development and Reform Commission will accelerate the construction of more than 200 million tons of coal reserves that can be dispatched by the government, add more than 5 billion cubic meters of natural gas storage facilities, accelerate the formation of more than 300 million kilowatts of emergency standby and peak shaving power supply as soon as possible, and guide key energy production enterprises and large energy users to strengthen social responsibility reserves.

Third, focus on ensuring supply and price stability. The national development and Reform Commission will give full play to the important role of medium and long-term energy contracts, achieve full coverage of medium and long-term contracts for coal, electricity and gas in key areas of people's livelihood and economic and social development, guide coal prices to remain within a reasonable range, and improve the transmission mechanism of coal and electricity prices.

To ensure a safe and reliable supply of energy, the national development and Reform Commission will adopt a safer and more reliable supply guarantee plan. We should resolutely ensure that there is no power and gas restriction in non extreme cases, and that there is no switch or valve in extreme cases. Through such comprehensive measures, we can ensure the safe and reliable supply of energy and reassure the people and all energy users.