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Vladimir Putin: The contract with China is not unprofitable
Russian President Vladimir Putin said about the mutual benefit of Russia and China from the construction of the gas pipeline even in the current economic conditions: "The contract with China is not unprofitable, we both went on concessionality, and the adopted project is definitely cost-effective price formula the same as with Europe "This agreement has great advantages - first and foremost it concerns the gasification of the Far East." To connect the western pipeline system from the east is a very important thing, and this also means construction, jobs, revitalization of the region. "
The citation was made at the traditional press conference of the head of state, in response to the TASS question: How justified is the turn to the East. There are opinions that the contract with China is not profitable.
"The APR is developing faster today than the rest of the world, and their needs for energy are growing, and what has been happening has been planned long before the current economic problems," the Russian President said.