Russia and China launch gas pipeline

Russia and China began the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk.

China’s CNPC (China National Petroleum Corporation) had agreed to a huge $400 billion (£237 billion) contract with Gazprom in May 2014.

• Primary Source

Deutsche Welle, 01.09.14: Russia, China break ground on joint mega gas pipeline http://dw.de/p/1D4xE

ESO: Background information: Russia’s gas deal with China: Business is business http://www.europeansources.info/record/russias-gas-deal-with-china-business-is-business/

The Independent, 01.09.14: Russia launches construction of gas pipeline to China in $400 billion deal http://www.independent.co.uk/news/business/russia-launches-construction-of-gas-pipeline-to-china-in-400-billion-deal-9704237.html

Reuters, 01.09.14: China opposes proposed EU sanctions against Russia http://www.reuters.com/article/2014/09/01/us-china-russia-ukraine-idUSKBN0GW1TC20140901

The Wall Street Journal, 01.09.14: Russia May Let China Have Share in Siberian Energy Project http://online.wsj.com/articles/russia-may-let-china-have-share-in-siberian-energy-project-1409579933

The Conversation, 12.11.14: Why Russia isn’t abandoning Europe for Chinese gas revenue http://theconversation.com/why-russia-isnt-abandoning-europe-for-chinese-gas-revenue-34112

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