Russia and china have just inked an energy deal in Beijing. Under the plan, Russia will provide 300,000 barrels of oil per day for the next 20 years to China. China in return will provide loans to two Russian companies. Russian oil producer Rosneft will get $15 billion in loans, while the Russian energy company Transneft will get $10 billion in capital. Both of the Russian companies have been struggling to gain access to capital and continue to underperform from slumping prices.


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