Aug 21, 2009 06:55 PM

China-Australia Relations: Warm, Tepid, Cool?

(.com.cn) A recently signed US$ 41 billion deal for liquefied natural gas (LNG) may be regarded by some as a turning point for China-Australia relations, which have suffered in recent months. But it may be too soon to say whether heat from the energy deal will sufficiently warm bilateral relations.

China National Petroleum Corp. (PetroChina) announced August 19 that it signed a contract with ExxonMobil Corp. to buy 2.25 million metric tons of LNG annually for 20 years from Australia's Gorgon project, the official Xinhua news agency reported.

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