Russian President Vladimir Putin met yesterday with Chinese President Xi Jinping (習近平) in a diplomatic boost for the isolated Russian leader, but his spokesman said the two sides had yet to agree on a widely anticipated multibillion-dollar natural-gas sale.
Putin, shunned by the West over Ukraine, met with Xi at the start of a two-day meeting on Asian security with leaders from Iran and Central Asia. The Russian leader is hoping to extend his country’s dealings with Asia and diversify markets for its gas, which now goes mostly to Europe.
Russia and China have been negotiating a proposed 30-year gas supply deal for more than a decade, and officials said they hoped to complete work in time to sign a contract while Putin is in Shanghai. However, Putin spokesman Dmitry Peskov yesterday said it was not finalized.
Photo: Reuters
“Significant progress has been reached on gas, but there are issues that need to be finalized regarding the price,” Peskov said, according to Russian news agencies.
He said a contract could be signed “at any moment.”
A deal would give Moscow an economic and political boost at a time of Western sanctions, while pressure on Moscow is thought to give Beijing leverage to push for a lower price.
US Secretary of the Treasury Jacob Lew appealed to China during a visit last week to avoid taking steps that might offset sanctions.
However, US officials have acknowledged China’s pressing need for more energy.
Putin and Xi attended the signing of 49 cooperation deals in fields including energy, transport and infrastructure, but no details were given at the ceremony.
The price of gas is the sticking point in the proposed agreement between Russia’s government-controlled Gazprom and state-owned China National Petroleum Corp.
A deal has looked increasingly likely after Washington and the EU imposed asset freezes and visa bans on dozens of Russian officials and several companies.
The deal to pipe Siberian gas to China’s northeast would help Russia diversify export routes away from Europe. It would help to ease Chinese gas shortages and heavy reliance on coal.
Putin told Chinese reporters ahead of his visit that China-Russia cooperation had reached an all-time high.
“China is our reliable friend. To expand cooperation with China is undoubtedly Russia’s diplomatic priority,” Putin said, according to Xinhua news agency.
Xi and Putin were scheduled to launch a joint exercise between their two navies in the northern part of the East China Sea.
The two countries developed a strategic partnership after the 1991 Soviet collapse, including close political, economic and military ties in a shared aspiration to counter US influence, especially in Central Asia.
A tentative agreement signed in March last year calls for Gazprom to deliver 38 billion cubic meters of gas per year beginning in 2018, with an option to increase that to 60 billion cubic meters.
Plans call for building a pipeline to link China’s northeast to a line that carries gas from western Siberia to the Pacific port of Vladivostok.
A gas deal would mean China would be in a “de facto alliance with Russia,” said Vasily Kashin, a China expert at the Center for Analysis of Strategies and Technologies in Moscow.
In exchange, Moscow might lift restrictions on Chinese investment in Russia and on exports of military technology, Kashin said.
“In the more distant future, full military alliance cannot be excluded,” Kashin said.
“It will, however, take years for China to start playing in the Russian economy a role comparable to that of the EU,” he said. “After that happens, both China and Russia will be much less vulnerable to any potential Western pressure and that, of course, will affect the foreign policy of both these countries.”
A fire caused by a burst gas pipe yesterday spread to several homes and sent a fireball soaring into the sky outside Malaysia’s largest city, injuring more than 100 people. The towering inferno near a gas station in Putra Heights outside Kuala Lumpur was visible for kilometers and lasted for several hours. It happened during a public holiday as Muslims, who are the majority in Malaysia, celebrate the second day of Eid al-Fitr. National oil company Petronas said the fire started at one of its gas pipelines at 8:10am and the affected pipeline was later isolated. Disaster management officials said shutting the
DITCH TACTICS: Kenyan officers were on their way to rescue Haitian police stuck in a ditch suspected to have been deliberately dug by Haitian gang members A Kenyan policeman deployed in Haiti has gone missing after violent gangs attacked a group of officers on a rescue mission, a UN-backed multinational security mission said in a statement yesterday. The Kenyan officers on Tuesday were on their way to rescue Haitian police stuck in a ditch “suspected to have been deliberately dug by gangs,” the statement said, adding that “specialized teams have been deployed” to search for the missing officer. Local media outlets in Haiti reported that the officer had been killed and videos of a lifeless man clothed in Kenyan uniform were shared on social media. Gang violence has left
US Vice President J.D. Vance on Friday accused Denmark of not having done enough to protect Greenland, when he visited the strategically placed and resource-rich Danish territory coveted by US President Donald Trump. Vance made his comment during a trip to the Pituffik Space Base in northwestern Greenland, a visit viewed by Copenhagen and Nuuk as a provocation. “Our message to Denmark is very simple: You have not done a good job by the people of Greenland,” Vance told a news conference. “You have under-invested in the people of Greenland, and you have under-invested in the security architecture of this
Japan unveiled a plan on Thursday to evacuate around 120,000 residents and tourists from its southern islets near Taiwan within six days in the event of an “emergency”. The plan was put together as “the security situation surrounding our nation grows severe” and with an “emergency” in mind, the government’s crisis management office said. Exactly what that emergency might be was left unspecified in the plan but it envisages the evacuation of around 120,000 people in five Japanese islets close to Taiwan. China claims Taiwan as part of its territory and has stepped up military pressure in recent years, including
RSS