ASIA: BRING DOWN GAS PRICES
In clinching a $400 billion deal last month to buy Russian gas, China may end up helping out its old political and economic rival in a way that matters hugely for Japan - energy security.
The China-Russia agreement, the biggest gas deal ever, unlocks new gas supplies and could bring down gas prices across Asia, a development that would pay the biggest dividends for Japan, the world's top buyer of liquefied natural gas.
Other big Asian gas buyers such as South Korea and Taiwan could also benefit.
The deal, signed on May 21, cemented a dramatic…
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