Russia’s gas deal with China: Business is business

In 2014 Russia entered into an agreement to sell China gas worth $400 billion over 30 years. The authors consider the implications of the deal for the EU. They conclude that the China deal will give renewed impetus to EU efforts to reduce gas dependency on Russia; and the biggest winners from the contracts signed during Putin’s visit to China on May 20th-21st 2014 will be his friends in the energy and construction sectors.

ESO: Background information: Does Russia’s gas deal with China change things for the EU? http://www.europeansources.info/record/does-russias-gas-deal-with-china-change-things-for-the-eu/

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