"Power of Siberia" will bring Russian gas to China |
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Russia has taken a step towards becoming less dependent on European buyers for its oil and gas with the coming-on-stream of Moscow's latest pipeline project, the "Power of Siberia".
It is the latest stage along the road laid out by June's landmark trade deal between Gazprom and China whereby Beijing agreed to buy 300 billion euros worth of Russian gas over a 30-year period. The Russians have also opened the door to direct Chinese investment in its energy sector in Siberia's Vankor field, in pa… READ MORE : http://www.euronews.com/2014/09/01/russia-breaks-ground-on-new-eastern-gas-pipeline euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe. |