News

China-Russia Energy Alliance Deepens: Massive Pipeline Agreement Expected When Putin Visits Beijing Next Week

China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world’s largest energy producer and provide a guaranteed energy supply for China’s growing economy as both nations face confrontations with the West. The deal, which the two countries negotiated over the last decade, is expected to be signed when Russian President Vladimir Putin visits Beijing next week. The deal between Russia’s Gazprom and China’s state-owned energy giant CNPC was confirmed by sources in the Russian energy sector, according to a note from the Eurasia Group, a consultancy. Current geopolitical conditions resulting from Russia



%d blogueurs aiment cette page :