The agreement comes amid mounting tension between Moscow and European customers over Ukraine
Gazprom's Power of Siberia project. File photo: REUTERS/MAXIM SHEMETOV
“Our oilmen have prepared very good new solutions on hydrocarbon supplies to the People’s Republic of China,” Putin said in a meeting with Xi to discuss closer co-operation. Russia is Europe’s biggest provider of natural gas, and Western countries are worried that already strained supplies could be interrupted in the event of a conflict. However, the new deal with Beijing would not let Moscow divert gas otherwise bound for Europe, as it involved gas from the Pacific island of Sakhalin, unconnected to Russia’s European pipeline network.
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