“The
nation should maintain close cooperation with Russia in the energy
sector and accelerate a new natural gas pipeline project, said
Vice-Premier Zhang Gaoli on Friday in Beijing during his meeting with
Alexei Miller, president of Russia's state-owned natural gas giant
Gazprom OAO. [...] Based on bilateral agreements, China and Russia
will accelerate the construction of a western natural gas pipeline
linking Russia's Siberia and northwestern China.”
“Han
Xiaoping, chief information officer of China Energy Net Consulting Co
Ltd, said facing political pressure from the West and domestic
financial difficulties, Russia needs to swallow its pride and
cooperate with China intensively. 'The first item on Russia's
agenda should be opening up its energy market for Chinese companies,
which will be beneficial for both countries,' Han said.”
“China
and Russia signed a $400 billion natural gas supply contract in May,
under which Gazprom will supply China with 38 billion cubic meters of
gas annually for 30 years, starting in 2018, through the planned
eastern pipeline. The pipeline will connect Russia to China's
northeastern Heilongjiang province and from there connect with the
industrialized cities along China's eastern coast.”
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