PETROCHINA(SH:601857) Sou Hu Cai Jing·2025-09-29 04:52Group 1 - Trump's speech at the UN lasted 57 minutes, setting a record for the longest address by a U.S. president at the UN [1] - He criticized the UN, NATO, climate change policies, and accused China and India of funding Russia's ongoing crisis in Ukraine by purchasing Russian oil [3] - Russia's spokesperson announced a historic agreement with China, emphasizing the long-term benefits for Russia's energy exports and regional development [3][5] Group 2 - The energy contracts between Russia and China, including a 30-year contract for the Siberia-2 gas pipeline, are expected to generate significant revenue for Russia, estimated at over 100 billion RMB annually [5] - Russia has successfully redirected its energy exports to other markets, with the Eastern market becoming more lucrative than the European market [5] - The long-term energy agreements indicate that threats from Trump, Europe, and Zelensky regarding Sino-Russian energy cooperation are ineffective, particularly as China remains steadfast in its energy strategy [7] Group 3 - China's position as the world's largest oil importer, with 550 million tons imported last year, underscores its strategic need to maintain energy ties with both Russia and the Middle East [8] - The U.S. also purchases Russian products, highlighting a double standard in its criticism of China for engaging in energy cooperation with Russia [10] - The timing of the announcement of the energy contracts during the UN meeting suggests a strategic maneuver by Russia to reinforce its partnership with China amidst Western attempts to create divisions [10]