We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Chinese oil lockup

18 February 2009 By Martin Hutchinson

China s $25bn oil purchase agreement with Russia trades cash for bargainpriced oil over 20 years. That solves a chunk of China s longterm oil supply problem. Russia may be unreliable, but the deal s advantages make it well worth the risk.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)