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

Video One Year After Thai Coup, No End in Sight for Military Rule

Since carrying out the May 22, 2014 coup, the general has retired from the military but is still firmly in charge More

Goodbye, New York

This is what the fastest-growing big cities in America have in common More

Job-Seeking Bangladeshis Risk Lives to Find Work

The number of Bangladeshi migrants on smugglers’ boats bound for Southeast Asian countries has soared in the past two years More

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.
Turkey's Main Opposition Party Hopes for Election Breakthroughi
X
May 22, 2015 10:23 AM
Turkey’s main opposition Republican People’s Party has sought an image change ahead of the June 7 general election. The move comes after suffering successive defeats at the hands of the Islamist-rooted AK Party, which has portrayed it as hostile to religion. Dorian Jones reports from the western city of Izmir.
Video

Video Turkey's Main Opposition Party Hopes for Election Breakthrough

Turkey’s main opposition Republican People’s Party has sought an image change ahead of the June 7 general election. The move comes after suffering successive defeats at the hands of the Islamist-rooted AK Party, which has portrayed it as hostile to religion. Dorian Jones reports from the western city of Izmir.
Video

Video Europe Follows US Lead in Tackling ‘Conflict Minerals’

Metals mined from conflict zones in places like the Democratic Republic of Congo are often sold by warlords to buy weapons. This week European lawmakers voted to force manufacturers to prove that their supply chains are not inadvertently fueling conflicts and human rights abuses. Henry Ridgwell reports from London.
Video

Video Class Tackles Questions of Race, Discrimination

Unrest in some U.S. cities is more than just a trending news item at Ladue Middle School in St. Louis, Missouri. As VOA’s Kane Farabaugh reports, it’s a focus of a multicultural studies class engaging students in wide-ranging discussions about racial tensions and police aggression.
Video

Video Mind-Controlled Prosthetics Are Getting Closer

Scientists and engineers are making substantial advances towards the ultimate goal in prosthetics – creation of limbs that can be controlled by the wearer’s mind. Thanks to sophisticated sensors capable of picking up the brain’s signals, an amputee in Iceland is literally bringing us one step closer to that goal. VOA’s George Putic reports.
Video

Video Afghan Economy Sinks As Foreign Troops Depart

As international troops prepare to leave Afghanistan, and many foreign aid groups follow, Afghans are grappling with how the exodus will affect the country's fragile economy. Ayesha Tanzeem reports from the Afghan capital, Kabul.
Video

Video Poverty, Ignorance Force Underage Girls Into Marriage

The recent marriage of a 17-year old Chechen girl to a local police chief who was 30 years older and already had a wife caused an outcry in Russia and beyond. The bride was reportedly forced to marry and her parents were intimidated into giving their consent. The union spotlighted yet again the plight of many underage girls in developing countries. Zlatica Hoke reports poverty, ignorance and fear are behind the practice, especially in Asia and Africa.
Video

Video South Korea Marks Gwangju Uprising Anniversary

South Korea this week marked the 35th anniversary of a protest that turned deadly. The Gwangju Uprising is credited with starting the country’s democratic revolution after it was violently quelled by South Korea’s former military rulers. But as Jason Strother reports, some observers worry that democracy has recently been eroded.
Video

Video California’s Water System Not Created To Handle Current Drought

The drought in California is moving into its fourth year. While the state's governor is mandating a reduction in urban water use, most of the water used in California is for agriculture. But both city dwellers and farmers are feeling the impact of the drought. Some experts say the state’s water system was not created to handle long periods of drought. Elizabeth Lee reports from Ventura County, an agricultural region just northwest of Los Angeles.
Video

Video How to Clone a Mammoth: The Science of De-Extinction

An international team of scientists has sequenced the complete genome of the woolly mammoth. Led by the Swedish Museum of Natural History in Stockholm, the work opens the door to recreate the huge herbivore, which last roamed the Earth 4,000 years ago. VOA’s Rosanne Skirble considers the science of de-extinction and its place on the planet
Video

Video Blind Boy Defines His Life with Music

Cole Moran was born blind. He also has cognitive delays and other birth defects. He has to learn everything by ear. Nevertheless, the 12-year-old has had an insatiable love for music since he was born. VOA’s June Soh introduces us to the young phenomenal harmonica player.

VOA Blogs