Tag Archives: China To Become Russia’s Biggest Gas Consumer If Western Route Developed

China To Become Russia’s Biggest Gas Consumer If Western Route Developed – 24 May 2014

RT logoChina could replace Germany as Russia’s biggest gas consumer, if Moscow and Beijing agree to add a route from Russia’s Western Siberia to the one already agreed under a $400 billion contract, President Putin said at a meeting with media in St. Petersburg.

Germany now consumes 40 billion cubic meters of Russian gas annually, and China will start buying even more if the western route is agreed on, Putin said.

“The next step [in Russia-China gas cooperation] is a possibility to make a similar deal on a so-called western route,” President said commenting on a Russia-China megadeal signed Wednesday in Shanghai.

Read the full story at: www.rt.com / link to original article

Advertisements