China, Russia reach big oil deal
<p><span word="Download">Download</span></p><p><span word="Russia">Russia</span> <span word="will">will</span> <span word="supply">supply</span> <span word="an">an</span> <span word="additional">additional</span> 10 <span word="million">million</span> <span word="metric">metric</span> <span word="tons">tons</span> <span word="of">of</span> <span word="crude">crude</span> <span word="oil">oil</span> <span word="to">to</span> <span word="China">China</span> <span word="a">a</span> <span word="year">year</span> <span word="over">over</span> <span word="the">the</span> <span word="next">next</span> <span word="decade">decade</span>, <span word="visiting">visiting</span> <span word="Russian">Russian</span> <span word="Prime">Prime</span> <span word="Minister">Minister</span> <span word="Dmitry">Dmitry</span> <span word="Medvedev">Medvedev</span> <span word="said">said</span> <span word="during">during</span> <span word="an">an</span> <span word="online">online</span> <span word="chat">chat</span> <span word="with">with</span> <span word="netizens">netizens</span> <span word="on">on</span> <span word="Tuesday">Tuesday</span>.</p><p><span word="The">The</span> <span word="deal">deal</span>, <span word="to">to</span> <span word="be">be</span> <span word="done">done</span> <span word="by">by</span> <span word="Russia">Russia</span>'<span word="s">s</span> <span word="biggest">biggest</span> <span word="oil">oil</span> <span word="company">company</span> <span word="Rosneft">Rosneft</span>, <span word="will">will</span> <span word="be">be</span> <span word="worth">worth</span> $85 <span word="billion">billion</span>, <span word="Medvedev">Medvedev</span> <span word="said">said</span>.</p><p>"<span word="It">It</span> <span word="is">is</span> <span word="a">a</span> <span word="big">big</span> <span word="sum">sum</span> <span word="of">of</span> <span word="money">money</span> <span word="to">to</span> <span word="any">any</span> <span word="country">country</span>, <span word="even">even</span> <span word="to">to</span> <span word="China">China</span>. <span word="It">It</span> <span word="testifies">testifies</span> <span word="to">to</span> <span word="the">the</span> <span word="fact">fact</span> <span word="that">that</span> <span word="we">we</span> <span word="have">have</span> <span word="reached">reached</span> <span word="a">a</span> <span word="higher">higher</span> <span word="and">and</span> <span word="a">a</span> <span word="brand">brand</span> <span word="new">new</span> <span word="level">level</span> <span word="of">of</span> <span word="cooperation">cooperation</span>," <span word="he">he</span> <span word="said">said</span>.</p><p><span word="China">China</span>'<span word="s">s</span> <span word="oil">oil</span> <span word="imports">imports</span> <span word="stood">stood</span> <span word="at">at</span> 276 <span word="million">million</span> <span word="tons">tons</span> <span word="last">last</span> <span word="year">year</span>, <span word="with">with</span> <span word="Russia">Russia</span> <span word="being">being</span> <span word="the">the</span> <span word="fourth">fourth</span>-<span word="largest">largest</span> <span word="provider">provider</span>.</p><p><span word="Medvedev">Medvedev</span> <span word="also">also</span> <span word="said">said</span> <span word="he">he</span> <span word="hopes">hopes</span> <span word="that">that</span> <span word="a">a</span> <span word="contract">contract</span> <span word="on">on</span> <span word="natural">natural</span> <span word="gas">gas</span> <span word="deliveries">deliveries</span> <span word="to">to</span> <span word="China">China</span> <span word="will">will</span> <span word="be">be</span> <span word="signed">signed</span> <span word="soon">soon</span>.</p><p><span word="Under">Under</span> <span word="a">a</span> <span word="memorandum">memorandum</span> <span word="of">of</span> <span word="understanding">understanding</span> <span word="signed">signed</span> <span word="in">in</span> <span word="March">March</span>, <span word="Russia">Russia</span> <span word="will">will</span> <span word="supply">supply</span> 38 <span word="billion">billion</span> <span word="cubic">cubic</span> <span word="meters">meters</span> <span word="of">of</span> <span word="gas">gas</span> <span word="to">to</span> <span word="China">China</span> <span word="annually">annually</span> <span word="starting">starting</span> <span word="in">in</span> 2018. <span word="The">The</span> <span word="volume">volume</span> <span word="is">is</span> <span word="expected">expected</span> <span word="to">to</span> <span word="increase">increase</span> <span word="to">to</span> 60 <span word="billion">billion</span> <span word="cubic">cubic</span> <span word="meters">meters</span> <span word="in">in</span> <span word="following">following</span> <span word="years">years</span>.</p><p><span word="Shortly">Shortly</span> <span word="before">before</span> <span word="the">the</span> <span word="online">online</span> <span word="chat">chat</span>, <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="and">and</span> <span word="Medvedev">Medvedev</span> <span word="co">co</span>-<span word="chaired">chaired</span> <span word="the">the</span> 18<span word="th">th</span> <span word="regular">regular</span> <span word="meeting">meeting</span> <span word="of">of</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="and">and</span> <span word="Russian">Russian</span> <span word="heads">heads</span> <span word="of">of</span> <span word="government">government</span>.</p><p><span word="The">The</span> <span word="regular">regular</span> <span word="meeting">meeting</span> <span word="has">has</span> <span word="become">become</span> <span word="an">an</span> <span word="important">important</span> <span word="platform">platform</span> <span word="to">to</span> <span word="outline">outline</span> <span word="cooperation">cooperation</span> <span word="between">between</span> <span word="the">the</span> <span word="two">two</span> <span word="countries">countries</span>.</p><p>"<span word="Energy">Energy</span> <span word="cooperation">cooperation</span> <span word="between">between</span> <span word="China">China</span> <span word="and">and</span> <span word="a">a</span> <span word="third">third</span> <span word="party">party</span> <span word="will">will</span> <span word="not">not</span> <span word="affect">affect</span> <span word="cooperation">cooperation</span> <span word="between">between</span> <span word="China">China</span> <span word="and">and</span> <span word="Russia">Russia</span>," <span word="Li">Li</span> <span word="said">said</span>, <span word="adding">adding</span> <span word="that">that</span> <span word="China">China</span>-<span word="Russia">Russia</span> <span word="energy">energy</span> <span word="cooperation">cooperation</span> <span word="is">is</span> <span word="of">of</span> <span word="long">long</span>-<span word="term">term</span> <span word="strategic">strategic</span> <span word="significance">significance</span>.</p><p><span word="Cooperation">Cooperation</span> <span word="between">between</span> <span word="China">China</span> <span word="and">and</span> <span word="Russia">Russia</span> <span word="is">is</span> <span word="also">also</span> <span word="collaboration">collaboration</span> <span word="between">between</span> <span word="major">major</span> <span word="emerging">emerging</span> <span word="economies">economies</span>, <span word="Li">Li</span> <span word="said">said</span>.</p>
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