May 23, 2014 07:03 PM

Decade of Sino-Russian Talks on Natural Gas Finally Yields Agreement

(Beijing) – China and Russia signed a 30-year natural gas supply contract in Shanghai on May 21, a decade after the two countries started negotiations.

China National Petroleum Corp. (CNPC) signed the US$ 400 billion deal with Russia's Gazprom, which will supply natural gas through pipeline that will enter China in the northeastern province of Heilongjiang from 2018.

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