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Russia's ambitions in Asia will boost the energy producer

Russia’s strategic shift to Asia will put the world’s largest energy producer at the centre of the world’s biggest energy market

Russia's shift east has long been in the making and its increasing engagement with China on a number of huge deals could see energy trade between the two neighboring countries quadruple by 2025. Agreements for oil, coal and power supply have already been struck and while negotiations on a major gas contract have proved more difficult, a landmark deal was signed between China and Russia during president Vladimir Putin’s visit to Shanghai in May. The improved trade ties make sense. In contrast to Russia’s established markets, which are stagnating in Europe, demand for energy in Asia is rapidly expanding. Russia’s legacy oil production in the western Siberia heartlands, close to Europe, is mat

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