Moscow and Beijing could seal major gas pipeline deal by year-end – Russian deputy PM

Gazprom and CNPC are negotiating terms for the planned Power of Baikal pipeline, which could carry 50 billion cubic meters of gas annually via Mongolia Russia and China could finalize agreements on a major new gas pipeline by the end of the year, Russian Deputy Prime Minister Aleksandr Novak said on Wednesday, in a potential breakthrough that would significantly expand Moscow’s energy exports to…