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Clock ticking on China-Russia gas supply deal talks

Russia still hopes to strike a gas supply deal with China – vital if the country’s strategic shift from Europe to Asia is to succeed. But, as Justin Jacobs argues, Russia needs to act quickly or miss out on the opportunity

After more than a decade of fraught negotiations, time may finally be running out for China and Russia to agree a major gas supply deal that could reshape the region’s energy relations, UK-based think tank Chatham House warned in a new report. “The next few months will be crucial for decisions on the entry of Russian pipeline gas to China. Missing the opportunity will deprive both countries of a win-win solution to their energy and development problems,” Keun-Wook Paik, an Asia energy expert at Chatham House, wrote in the report, Through the Dragon Gate? A Window of Opportunity for Northeast Asian Gas Security. On the face of it, the logic of the long-discussed deal is straightforward. Russ

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