Russia to sign 30-year gas deal with China

Gas deal with China: President Vladimir Putin is expected to sign a deal in Shanghai tomorrow guaranteeing China an annual supply of 38bn m³ of gas  for the next 30 years. Its  price is forecast to be fixed at about the same level Russia charges its European clients –  between $350-380 per 1,000 m3 metres valuing the contract at a total of around $400bn. Izvestia