What the China-Russia gas deal means for Australia

The historic gas deal struck between Russia and China highlights the latter country's reliance on imported gas and the potential for Australia to capitalise on future Chinese LNG demand.

China and Russia have managed to clinch an 11th-hour deal on the $400 billion-plus long-term gas supply deal on the eve of the final day of President Putin’s visit to China, signalling the closer economic and political relationship between the two countries.

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