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China And Russia Sign 30 Year Gas Deal04:02

This article is more than 6 years old.

After 10 years of negotiations, China and Russia have made a major deal to import natural gas from Russia to China by pipeline.

The gas will be sent through a new eastern pipeline that has yet to be built.

As Joe Weisenthal, executive editor at Business Insider tells Here & Now's Jeremy Hobson, this is a big deal for Russia, given European sanctions over its intervention in Ukraine.


This segment aired on May 21, 2014.

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