China gas deal a symbolic victory for Russia but won't leave Europe dry
Moscow (AFP) May 25, 2014 - The $400 billion gas deal Russia signed with China was a symbolic victory for Moscow as it is locked in a dispute with the West over Ukraine, but the scale of the deal is not as massive as it seems at first blush, according to analysts. The volumes to be shipped east won't cut Russia's dependence on selling gas to the West, nor would they lead to shortages in Europe. Under the 30-year de ... more
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