China May Become A Shareholder In One Of Russia's Biggest New Oil And Gas Fields

"Russian President Vladimir Putin said his government may offer China an opportunity to hold a share in one of the biggest energy projects in Siberia, the Vankor oil and gas field.

Putin made the tentative offer on Sept. 1 as he and China's vice premier, Zhang Gaoli, presided over the launch of construction of the oil pipeline that will carry nearly 40 trillion cubic meters of gas to China over 30 years, earning Russia $400 billion during the period..."

at http://www.fool.com/investing/general/2014/09/03/putin-suggests-beijing-may-share-in-rich-oil-and-g.aspx#ixzz3CHT44JFO