Russia and China signed 30 year deal on natural gas worth of 400 - TopicsExpress

Russia and China signed 30 year deal on natural gas worth of 400 billion dollars**** Who: China and Russia Where: China What: signed a 30-year deal to buy Russian natural gas When: 21 May 2014 China on 21 May 2014 signed a 30-year deal to buy Russian natural gas worth 400 billion US dollars in a financial year. The deal was signed during the Russian President Vladimir Putin visit to China. Gasport firm of Russia and China National Petroleum Corp signed the agreement. As per the agreement, Gasport will supply 38 billion cubic metres of gas annually to China National Petroleum Corp. The contract is worth a total of 400 billion US dollars. Besides, Russian President Putin also received the support from Chinese President Xi Jinping over Ukraine crisis. Russia and China issued a statement calling for the de-escalation of tensions in Ukraine and for peaceful and political ways to resolve the existing problems. The two countries referred to the crisis as domestic.

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