Agenda For Vladimir Putin visit to China
October 13, 2009 · Posted in Oil and Gas · Comment
Among the agreements expected during Putin’s visit this week is a possible gas-for-loans deal similar to a $25 billion oil-for-loans deal that was finalized earlier this year. Russian Prime Minister Vladimir Putin landed in China Monday in an effort to bolster energy, political and military ties between the former rival nations turned strategic partners.
In exchange, China was guaranteed a 20-year supply of crude oil , only part of the $100 billion in China-Russia energy-related deals agreed to this year. Putin was met by Chinese Foreign Minister Yang Jiechi Monday evening when he arrived in Beijing for the start of his three-day trip, his first visit to China since becoming prime minister last May. Read more
