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China, Russia Reach 30-Year, $400 Billion Gas Deal

Beijing, May 22 (RHC)-- China and Russia have struck a landmark energy deal after 10 years of talks. The $400 billion, 30-year agreement will send gas from Siberia to China through a pipeline.

The pact is seen as a major setback for Western sanctions on Russia imposed during the Ukraine crisis, with Russia now sending its main export to one of the world’s largest energy markets.

 

 

Edited by Juan Leandro
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