Putin ratifies east-route gas pipeline agreement with China

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Putin ratifies east-route gas pipeline agreement with China

Putin ratifies east-route gas pipeline agreement with China

(Moscow) – Russian President, Vladimir Putin, has ratified a gas supply agreement with China via the so-called Eastern route.
“The agreement is aimed at strengthening Russian-Chinese energy cooperation, and defines the main terms of the natural gas supply from Russia to China through the East-Route, including the cross-border section of the gas pipeline across the Amur River near Blagoveshchensk (capital of the Amur region in the Russian Far East) and China’s border city of Heihe,” an online official statement said.
The agreement was passed on April 24th by parliament’s lower house, the State Duma, and approved by the upper chamber, the Federation Council, five days later.
During Putin’s official visit to China last May, the two sides signed a 30-year gas supply contract that will see the East-Route Pipeline start providing China with 38 billion cubic meters of natural gas annually from 2018.
(Courtesy WAM)