[net-gold] COUNTRIES: CHINA, RUSSIA: China and Russia Fail to Reach Agreement on Gas Plan
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Nabble Groups Net-Gold <ml-node+s3172864n3172864h56@xxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, "Net-Gold @ Wiggio.com" <netgold@xxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Tue, 20 May 2014 12:23:48 -0400 (EDT)
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COUNTRIES: CHINA, RUSSIA:
China and Russia Fail to Reach Agreement on Gas Plan
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China and Russia Fail to Reach Agreement on Gas Plan
By Jane Perlez
May 20, 2014
New York Times
http://www.nytimes.com/2014/05/21/world/asia/china-russia.html
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BEIJING - President Xi Jinping of China and the Russian leader, Vladimir
V. Putin, were unable to announce an agreement on a natural gas deal on
Tuesday, despite high expectations that mutual political interests would
help finally push through the project.
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Instead, commercial concerns continued to dominate - specifically, the
price of the gas, which China and Russia have been haggling over for
nearly a decade. After the meeting between the two leaders, Mr. Putin's
spokesman, Dmitri S. Peskov, said that talks were continuing.
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According to Xinhua, the Chinese state news agency, after meeting Mr. Xi
in Shanghai, Mr. Putin said, "I'm glad to be informed that the two sides
have made significant progress in the price negotiation of the east route
of the natural gas project."
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A joint statement said that Russian natural gas supplies would start
flowing "as soon as possible," a phrase used after many previous
negotiations between Gazprom and the China National Petroleum Corporation,
and an indication that the two sides could not close the gap on price in
time for the two leaders to announce the deal at their meeting.
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snip
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"Given the political and commercial catalysts, this is a surprising result
for everyone and for Gazprom," said James Henderson, a senior research
fellow at the Oxford Institute for Energy Studies in Britain. "There was
an expectation that with Putin arriving in China and with the political
issues with Europe - that would be the trigger to get it over the line."
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Mr. Putin had also been expected to agree to China's demands on price in
part because of the weak Russian economy. The International Monetary Fund
projects Russia's economic growth in 2014 will be 0.2 percent.
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The complete article may be read at the URL above.
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