Learning Mandarin in the tundra – Russia invites China into oil business

(From Reuters)

Russia’s freezing north has never been the most welcoming place for foreign travelers, and its onshore oil riches have always been state secrets. But when the order comes from the Kremlin to open up, people obey.

Last September, President Vladimir Putin, who has been seeking new markets in Asia for Russian energy exports to replace traditional customers in Europe, announced that he would welcome Chinese investment in Vankor, a vast new oil field in remote eastern Siberia owned by state firm Rosneft.

Since then, delegations from both China and India have been flown out to visit the field in the remote tundra. Read more

Suzunskoye oil field, Siberia; Reuters/Sergei Karpukhin

Suzunskoye oil field, Siberia; Reuters/Sergei Karpukhin

 



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