US natural gas exporter Cheniere Energy is setting up an office in Beijing to negotiate long-term sales to Chinese industry. The government has approved a plan for its two state nuclear developers to promote a single integrated nuclear reactor brand that will help speed up construction and strengthen their ability to compete in markets overseas. China is in the middle of an ambitious nuclear program that could bring total capacity to as much as 200 GW by 2030. The Chinese hope to increase sales of nuclear reactors abroad, but approvals have been slow. China's energy demand now is forecast to peak by 2040, later than the previous forecast of 2035, as transportation fuel consumption continues to rise through the middle of this century. Energy consumption in China, the world's second-largest economy, will peak at 4.06 billion tons of oil equivalent, up from the previous forecast of 3.75 billion tons. 4. Russia Gazprom says that the new US sanctions on Russia will have no impact on any of its key projects.