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Thursday, March 23, 2006

Chinese Go for the Resources

03-23-2006 KommersantVladimir Putin and Hu Jintao strike energy deal
The memoranda signed in China yesterday by Russian President Vladimir Putin marks the creation of a new energy alliance between the countries that increase China's energy security and allow Moscow to sell oil, gas and electricity profitably. It was made clear yesterday that the right to export fuel will remain firmly in the hands of state companies Gazprom, Rosneft and RAO UES of Russia.
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