Russia and China launch gas pipeline

摘要

RUSSIA AND China have begun the construction of a new gas pipeline Linking the countries, with a ceremony in the Siberian city of Yakutsk. The China National Petroleum Corporation (CNPC) has agreed to buy $400 billion (￡240 billion) of gas from Russia's Gazprom. Russia will ship 38 billion cubic metres (bcm) of gas annually over a period of 30 years.