News / Asia

    China, Russia Fail to Reach Gas Deal

    Russia's President Vladimir Putin (L) and China's President Xi Jinping shake hands after signing an agreement during a bilateral meeting at the Xijiao State Guesthouse ahead of the fourth Conference on Interaction and Confidence Building Measures in Asia
    Russia's President Vladimir Putin (L) and China's President Xi Jinping shake hands after signing an agreement during a bilateral meeting at the Xijiao State Guesthouse ahead of the fourth Conference on Interaction and Confidence Building Measures in Asia
    VOA News
    China and Russia failed to reach a $400 billion natural gas supply agreement Tuesday despite high expectations that the political interests of both countries would push them to complete the deal.

    On a visit to Shanghai, Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping, signed 49 agreements on energy, transportation and communications. But they did not agree on how much China would pay Russia to supply gas over the next 30 years.

    Negotiations over a Russia-to-China gas deal have lasted a decade.

    Analysts had predicted a deal could be reached now as Russia looks to sell its gas outside Europe, where U.S. allies have imposed sanctions against Moscow for its annexation of Ukraine's Crimean peninsula. China is seeking to move from its heavy reliance on coal to fuel its economic expansion.

    The two countries still could reach a gas deal before Putin ends his two-day visit to China on Wednesday. His spokesman (Dmitry Peskov) said "significant progress" had been made and a contract could be signed "at any moment."

    Even with the setback on the gas deal, President Xi praised his country's ties with Russia, saying the relationship is key to improving each others' international stature.

    "We attach a lot of importance to the quality of practical cooperation between China and Russia," he said. "We will begin more large-scale, strategic project cooperation to improve our two nations' power and international competitiveness."

    President Putin, meanwhile, stressed the importance of strong Russia-China military links, which he said could help maintain regional peace.

    "Cooperation between the two militaries is very important. Cooperation between the defense ministries of the two countries is also very important," he said. "This cooperation is very significant in maintaining regional and global peace and stability."
     
    Some information for this report was provided by AP and Reuters.

    You May Like

    New EU Asylum Rules Could Boost Rightists

    New regulations will seek to correct EU failures in dealing with migrant crisis, most notably inability to get member states to absorb a total of 160,000 refugees

    More Political Turmoil Likely in Iraq as Iran Waits in the Wings

    Analysts warn that Tehran, even though it may not be engineering the Sadrist protests in Baghdad, is seeking to leverage its influence on its neighbor

    Goodbye Ketchup, Hello Sriracha!

    How immigrants are triggering a great transformation in American cuisine

    This forum has been closed.
    Comment Sorting
    Comments
         
    by: Baldur Dasche from: Botswanaland
    May 21, 2014 9:52 AM
    The FIX is in! 30 years - $400 billion -and not payable in US dollars.

    by: Igor from: Russia
    May 20, 2014 11:56 PM
    Putin is very tough and intelligent. No country including the US and China can force him to do what he dislikes. China, like the US is a partner no more, no less. Putin never trusts any of them.
    In Response

    by: Xaaji Dhagax from: Somalia
    May 22, 2014 3:24 AM
    Well, desperately Putin needs China's cooperation now to scare off Western's economic sanction against Russia. But the Chinese are trying to take advantage Putin's current political situation. That's why the gas deal could not go through!

    by: unclesam20009 from: Shengzhen, China
    May 20, 2014 10:39 PM
    Russia signed agreements with Ukraine before. How do Russian respect agreements they signed? you can never trust polar bear!
    In Response

    by: unclesam20009 from: Shengzhen, China
    May 22, 2014 10:28 PM
    I mean the Russian once signed agreement respecting Ukraine 's integrity and sovereignty. Now they just see it as trash.
    In Response

    by: Roman from: Poland
    May 22, 2014 5:33 PM
    You mean Russia agreed to supply Ukraine with free gas?
    Wow!

    by: Commentator6 from: UK
    May 20, 2014 8:35 PM
    The gas price gap .....


    http://www.usnews.com/cmsmedia/f5/5e/2629e13340ad871a1ae123075c78/140513-editorial.jpg

    by: Steve from: Berkeley California
    May 20, 2014 3:23 PM
    VOA should refrain from crowing just yet. Let's see if China and Russia cut a deal on the price of the gas and seal the deal. China needs a reliable partner not one like the US that can turn on a trade partner overnight using blackmail and political threats to bludgeon then into submission. The Chinese are now getting a hefty dose of "cyberspying" propaganda pushing them into unfavorable PR territory. AS if we don';t cyberspy hah hah just kidding.
    In Response

    by: ezimerman from: US
    May 21, 2014 1:52 AM
    Wow. That's pretty funny - Russia is a reliable partner? They just doubled Ukraine's price on gas b/c things didn't go their way politically.

    by: meanbill from: USA
    May 20, 2014 2:47 PM
    China owes a never ending debt to Russia, who supported them with fighting men and weapons, in their war against Japan, the US, NATO and the Chinese nationalists, and south Koreans...
    Russia was the only country that supported them in the UN against sanctions and embargo's imposed upon them by the US, EU, and other countries, and supplied weapons to them, to defend themselves.. -- In Manchuria, Mao gave Russia a huge part of the motherland, for the sacrifices the Russian people made.. -- (They may argue and fight, but they will always be, brothers?)

    by: SEATO
    May 20, 2014 2:13 PM
    Whatever Russia sells to China,they would fake them and sell them on to other countries at the expense of the Russian arms export industry.An increasingly powerful China would pose more threats to Russian security so there would never be a long term alliance between the 2 countries.Mr Putin aims high and is nostalgic of the Great influential Soviet Empire, and so he is not going to let China get the lion's share. This meeting is strictly business at the end of the day
    In Response

    by: Yoshi from: Sapporo
    May 23, 2014 7:43 PM
    Yes, I agree. The deep alliance and trust would never grow between the two countires because they are the same as an extremely arrogont and having-no-ear to other countries' claims.
    In Response

    by: Free Thinker from: CA
    May 21, 2014 1:46 PM
    Good point. Totally agree!
    In Response

    by: Hoang from: Canada
    May 21, 2014 5:15 AM
    Very insightful comment. Good point.

    by: Tachi Robinhood
    May 20, 2014 7:47 AM
    It was America that has cornered Russia and China together. With these two countries united, a positive force is formed to defend the world peace. Future confrontation with America can be expected since America has sowed too much hatred in this world.
    In Response

    by: Hoang from: Canada
    May 21, 2014 5:22 AM
    Wrong. China has too much hatred in the world, from Africa to Asia. Russia will never unite with China because they understand the threat from China very well. China also claim Siberia from Russia and many Chinese have moved to Siberia, with Chinese signs in Siberia. U.S. is the only hope in world to confront a more powerful and aggressive China.
    In Response

    by: ezimerman from: US
    May 21, 2014 1:55 AM
    Nonsense. Contrary to the flag burning of some of the ignorant masses, rational state actors don't want war with the US. It would hurt them just as much. Any serious conflagration will be between a powerful actor and a weaker one.

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Tensions Rising Ahead of South China Sea Rulingi
    X
    May 03, 2016 5:16 PM
    As the Philippines awaits an international arbitration ruling on a challenge to China's claims to nearly all of the South China Sea, it is already becoming clear that regardless of which way the decision goes, the dispute is intensifying. VOA’s Bill Ide has more from Beijing.
    Video

    Video Tensions Rising Ahead of South China Sea Ruling

    As the Philippines awaits an international arbitration ruling on a challenge to China's claims to nearly all of the South China Sea, it is already becoming clear that regardless of which way the decision goes, the dispute is intensifying. VOA’s Bill Ide has more from Beijing.
    Video

    Video Painting Captures President Lincoln Assassination Aftermath

    A newly restored painting captures the moments following President Abraham Lincoln’s assassination in 1865. It was recently unveiled at Ford’s Theatre in Washington, where America’s 16th president was shot. It is the only known painting by an eyewitness that captures the horror of that fateful night. VOA’s Julie Taboh tells us more about the painting and what it took to restore it to its original condition.
    Video

    Video Elephant Summit Results in $5M in Pledges, Presidential Support

    Attended and supported by three African presidents, a three-day anti-poaching summit has concluded in Kenya, resulting in $5 million in pledges and a united message to the world that elephants are worth more alive than dead. The summit culminated at the Nairobi National Park with the largest ivory burn in history. VOA’s Jill Craig attended the summit and has this report about the outcomes.
    Video

    Video Displaced By War, Syrian Artist Finds Inspiration Abroad

    Saudi-born Syrian painter Mohammad Zaza is among the millions who fled their home for an uncertain future after Syria's civil war broke out. Since fleeing Syria, Zaza has lived in Lebanon, Egypt, Jordan and now Turkey where his latest exhibition, “Earth is Blue like an Orange,” opened in Istanbul. He spoke with VOA about how being displaced by the Syrian civil war has affected the country's artists.
    Video

    Video Ethiopia’s Drought Takes Toll on Children

    Ethiopia is dealing with its worst drought in decades, thanks to El Nino weather patterns. An estimated 10 million people urgently need food aid. Six million of them are children, whose development may be compromised without sufficient help, Marthe van der Wolf reports for VOA from the Metahara district.
    Video

    Video Little Havana - a Slice of Cuban Culture in Florida

    Hispanic culture permeates everything in Miami’s Little Havana area: elderly men playing dominoes as they discuss politics, cigar rollers deep at work, or Cuban exiles talking with presidential candidates at a Cuban coffee window. With the recent rapprochement between Cuba and United States, one can only expect stronger ties between South Florida and Cuba.
    Video

    Video California Republicans Weigh Presidential Choices Amid Protests

    Republican presidential candidates have been wooing local party leaders in California, a state that could be decisive in selecting the party's nominee for U.S. president. VOA's Mike O’Sullivan reports delegates to the California party convention have been evaluating choices, while front-runner Donald Trump drew hundreds of raucous protesters Friday.
    Video

    Video Kurdish Football Team Helps War-Torn City Cope

    With the conflict still raging across much of Turkey’s predominantly Kurdish southeast, between the rebel PKK and the Turkish state, many Kurds are trying to escape the turmoil by focusing on the success of their football team Amedspor in Diyarbakir. The club is increasingly becoming a symbol for Kurds, not only in Diyarbakir but beyond. Dorian Jones reports from southeast Turkey.
    Video

    Video ‘The Lights of Africa’ - Through the Eyes of 54 Artists

    An exhibition bringing together the work of 54 African artists, one from each country, is touring the continent after debuting at COP21 in Paris. Called "Lumières d'Afrique," the show centers on access to electricity and, more figuratively, ideas that enlighten. Emilie Iob reports from Abidjan, the exhibition's first stop.
    Video

    Video Florida’s Weeki Wachee ‘Mermaids’ Make a Splash

    Since 1947, ‘mermaids’ have fascinated tourists at central Florida’s Weeki Wachee Springs State Park with their fluid movements and synchronized ballet. Performing underwater has its challenges, including cold temperatures and a steady current, as VOA’s Lin Yang and Joseph Mok report.
    Video

    Video Somali, African Union Forces Face Resurgent Al-Shabab

    The Islamic State terror group claimed its first attack in Somalia earlier this week, though the claim has not been verified by forces on the ground. Meanwhile, al-Shabab militants have stepped up their attacks as Somalia prepares for elections later this year. Henry Ridgwell reports there are growing frustrations among Somalia’s Western backers over the country’s slow progress in forming its own armed forces to establish security after 25 years of chaos.
    Video

    Video Nigerians Feel Bite of Buhari Economic Policy

    Despite the global drop in the price of oil, Nigerian President Muhammadu Buhari has refused to allow the country's currency to devalue, leading to a shortage of foreign exchange. Chris Stein reports from Lagos businessmen and consumers are feeling the impact as the country deals with a severe fuel shortage.

    Special Report

    Adrift The Invisible African Diaspora