Posted on 05/21/2014 8:47:16 AM PDT by Para-Ord.45
MEMO TO OBAMA: CHECKMATE :
SHANGHAI, May 21 (RIA Novosti) – Russia and China agreed on a long-term gas supply contract in Shanghai on Wednesday, after years of talks on the deal, worth billions of dollars.
Russian Energy Minister Alexander Novak and Director of the Chinese National Energy Administration Wu Xinxiong signed an intergovernmental memorandum on the mutual understanding in gas deliveries field through the eastern route.
Earlier today, Russia’s gas major Gazprom and the China National Petroleum Corporation (CNPC) signed a contract of purchase and sale of natural gas deliveries through eastern route, a RIA Novosti correspondent said.
Gazprom CEO Alexei Miller has refused to name the gas price for China, citing a “corporate secret.” The price could be estimated at around $350 per 1,000 cubic meters.
Miller said the overall cost of the 30-year contract for Russian gas deliveries to China is $400 billion...
(Excerpt) Read more at en.ria.ru ...
The keyboard tough guys are having their way. Enjoy the chronic depression that results.
Funny, the first ones to scream “Isolationist!” at any non-warmonger are the ones isolating us from the rest of the world.
Russia and China seal historic $400bn gas deal
http://www.freerepublic.com/focus/f-news/3158508/posts
Russia to supply natural gas to China in 30-year deal worth $400 billion, boosting their ties
http://www.freerepublic.com/focus/f-news/3158565/posts
Russia to supply natural gas to China in 30-year deal worth $400 billion, boosting their ties
http://www.freerepublic.com/focus/f-news/3158565/posts
Just proves that sanctions work! /sarc
The threat of sanctions certainly worked. The Russians abandoned their “Donetsk wanna be Russian” separatist useful idiots.
They didn’t annex the East or invade.
The Chinese deal had been in the works for some time and is a surprise to nobody who follows Russian/Chinese relations.
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