Rosneft Gazprom Close to Landmark Oil and Gas Deals with China

The Moscow Times
Thursday 28th February, 2013

Vladimir Putin to forge deeper ties with Asia’s growing energy markets. Moscow has had bumpy relations with Beijing, including a brief conflict in the 1960s over a small river islet, but the world’s largest energy producer and its largest consumer share increasingly similar views on global issues such as Syria. Gazprom said it had agreed with China National Petroleum Corporation to sign a deal by year-end to supply it with gas. Rosneft, a senior minister confirmed, is in talks with China for a major loan, which would be secured by an increase in oil supplies. Putin, who closely oversees Rus…

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