NYT: Unclear if Russia-China gas news is MOU or real deal

|By:, SA News Editor

It's not clear whether the accord for Russia's Gazprom (GZPFY) to supply China with gas is an actual contract with prices and other terms, or if it's a memorandum of understanding that would entail more talks, the NYT reports.

If it is "just a memorandum of understanding, that would be a disappointment," says analyst James Henderson. "We’ve had MOUs before."

The NYT also says the deal is for 20 years, while Reuters reports that it's for 30 years.

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