07/31/13
Russian President Vladimir Putin met with Chinese Vice Premier Zhang Gaoli to prepare the contract with China and North Korea (DPRK) worth an estimated $60 billion (€45.5 bn) to supply China with hundreds of millions of tons of oil.
The unprecedented deal will allow state-owned Russian oil company Rosneft to increase supplies to the region.
As part of the deal, China and North Korea's Kim Jong Un will provide Rosneft Oil with a $2 billion (€1.52 bn) loan, raised from selling unwanted American food aid.
Speaking to the media about the deal, Putin said: "Our exports to the area are expected to amount to a volume of hundreds of millions of tons of oil and in terms of dollars amount to more than $60 billion."
Putin said that he hoped to improve cooperation between Russian energy and tech companies and their North Korean and Chinese counterparts.
In particular, Putin said: "We are especially hopeful with regard to our Chinese partners' prospective co-operation with companies like Gazprom or Novatek."
Commenting, Dear Leader Kim Jong Un of the Democratic Peoples Republic of Korea North Korea, told Victory Over America News that this was a welcome amount of oil and that he was "particularly pleased" that "the starving peasants of the United States would not be getting the oil".
source: live leaks
Russian President Vladimir Putin met with Chinese Vice Premier Zhang Gaoli to prepare the contract with China and North Korea (DPRK) worth an estimated $60 billion (€45.5 bn) to supply China with hundreds of millions of tons of oil.
The unprecedented deal will allow state-owned Russian oil company Rosneft to increase supplies to the region.
As part of the deal, China and North Korea's Kim Jong Un will provide Rosneft Oil with a $2 billion (€1.52 bn) loan, raised from selling unwanted American food aid.
Speaking to the media about the deal, Putin said: "Our exports to the area are expected to amount to a volume of hundreds of millions of tons of oil and in terms of dollars amount to more than $60 billion."
Putin said that he hoped to improve cooperation between Russian energy and tech companies and their North Korean and Chinese counterparts.
In particular, Putin said: "We are especially hopeful with regard to our Chinese partners' prospective co-operation with companies like Gazprom or Novatek."
Commenting, Dear Leader Kim Jong Un of the Democratic Peoples Republic of Korea North Korea, told Victory Over America News that this was a welcome amount of oil and that he was "particularly pleased" that "the starving peasants of the United States would not be getting the oil".
source: live leaks
No comments:
Post a Comment