China, Russia sign $400 billion gas deal. BEIJING — China signed a long-awaited deal for Russian natural gas Wednesday, giving China a new energy source and Russia a diplomatic boost in the face of sanctions and condemnation for its aggressive actions in Ukraine. Announced after meetings between Chinese President Xi Jinping and Russian President Vladimir Putin at an Asia security conference, the 30-year deal is worth an estimated $400billion, according to comments in Russian media by Gazprom chief executive Alexei Miller. Read more at; washingtonpost/world/europe/china-russia-sign-400-billion-gas-deal/2014/05/21/364e9e74-e0de-11e3-8dcc-d6b7fede081a_story.html
Posted on: Wed, 21 May 2014 16:28:41 +0000