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China strikes 2nd major gas deal with Russia

It is smaller than US$400b accord reached earlier this year

Published Mon, Nov 10, 2014 · 09:50 PM

Sydney

CHINA has secured almost a fifth of the natural gas supplies it will need by the end of the decade after striking a second major deal with Russia.

Russian President Vladimir Putin and Chinese President Xi Jinping signed the gas-supply agreement in Beijing the day before US President Barack Obama arrived in the Chinese capital for the Asia-Pacific Economic Cooperation summit.

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