Massive Gas Deal To Be Signed Between China And Russia

Gazprom To Sign Monumental Gas Deal With China -- RT

Russia and China are due to sign a long-awaited gas contract on Tuesday, in which Beijing could pay up to $456 billion for Russian gas over the next 30 years.

While Russian President Vladimir Putin visits Shanghai on May 20-21, Gazprom and the China National Petroleum Corporation (CNPC) are due to sign a deal for 38 billion cubic meters of natural gas to power China's growing economy, starting in 2018.

The timing is almost flawless as Russia is looking to shield itself from Western sanctions by pivoting towards Asia, and China desperately needs to switch from dirty coal to more environmentally friendly natural gas.

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More News On The Massive Gas Deal To Be Signed Between China And Russia

With price elusive, China/Russia gas talks hit by payment debate -- Reuters
Russia, China Set for 'USD 400 B' Gas Supplies Contract -- Novinite
Russia, China at final phase of major gas deal: Putin -- ZEE News
Russia's scramble for China energy deal -- BBC
Russia Closes in on Gas Export Deal With China -- IBTimes
China, Russia set to sign $US100b gas deal -- Financial Review
Why China is Driving a Hard Bargain with Russia Over Gas -- WSJ
Putin sees China as logical gas partner -- UPI