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Russia signs 30-year gas contract with China

21.05.14 @ 17:34

  1. By EUOBSERVER

Russia’s Gazprom and China’s CNPC on Wednesday signed a 30-year contract on natural gas supplies to China worth $400 billion, reports ITAR-TASS. The document was signed in the presence of Russian President Vladimir Putin and Chinese leader Xi Jinping. Gazprom shares went up by two percent immediately after the deal.