Moscow Says Massive “Holy Grail” Gas Deal With China Is 98% Ready

by Tyler Durden
ZeroHedge.com
05/16/2014

We have previously profiled the “holy grail” gas deal between Russia and China on several occasions, and with its announcement scheduled for next week (barring some unmitigated disaster) during Putin’s first visit to China since Xi’s appointment as president last March, it is time to do a status update on where it stands even if according to SCMP, at this point finding the “holy grail” is merely a formality. “Russian Deputy Energy Minister Anatoly Yanovsky said on Monday that the deal was “98 per cent ready”. Supply would begin no later than the end of 2018.”

The Rest…HERE

This entry was posted on Friday, May 16th, 2014 at 2:16 pm and is filed under China, Oil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.