Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, October 26, 2013

Energy alliance for better future

Energy alliance for better future

Updated: 2013-10-25 07:04 By Dmitri Trenin
 Dmitri Medvedev's first visit to China as Russia's prime minister will further cement Beijing-Moscow energy relationship. This alliance rests on a simple formula: substantial Chinese credits for long-term Russian energy supplies. Thus, cash-rich China buys a measure of energy security, and Russia gets much-needed cash for its budget. In the current geopolitical setting, however, this essentially pragmatic relationship acquires features of an energy alliance.


http://www.chinadaily.com.cn/opinion/2013-10/25/content_17057215.htm

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