Russia and China seal historic multibillion gas deal — RT Business:
"After 10 years of negotiations, Russia's Gazprom and China's CNPC have finally signed a historic gas deal which will provide the world's fastest growing economy with the natural gas it needs to keep pace for the next 30 years.
The contract was signed by the heads of Russia's Gazprom and China National Petroleum Corporation (CNPC) on the second day of Russian President Vladimir Putin’s two-day state visit to Shanghai.
Under the long-term deal, Gazprom will begin providing China's growing economy with 38 billion cubic meters of natural gas per year for the next 30 years, beginning in 2018. The details of the deal were discussed for more than 10 years, with Moscow and Beijing negotiating over gas prices and the pipeline route, as well as possible Chinese stakes in Russian projects."
'via Blog this'
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