Title: Natural gas in Russia - Wikipedia
Headings: Natural gas in Russia
Natural gas in Russia
Contents
Disputes with Ukraine
Agreement with China
Subsidies
Automotive use
See also
References

Content: It will increase Russian exports to countries not part of the former Soviet Union by 25% and make China the country's 2nd largest customer, after Germany. The agreement was reached as Chinese and Russian leaders met to discuss greater cooperation in Asia without involvement of Western powers. It was seen as an important political and economic victory for Russian President Vladimir Putin. It allows Russia to diversify its natural business outside of Europe and weakens the force of economic sanctions placed by the West in the aftermath of the 2014 Crimean crisis. More generally, it allows Russia to reduce its isolation due to the crisis in Ukraine. For China, the deal helps lessen its dependence on coal to produce electric power, using a cleaner method of electricity generation through natural gas. It also helps meet the country's growing demand for natural gas. Subsidies
There is a long history of subsidy of natural gas in Russia. Subsidies for natural gas has been one of the reasons for the limited growth of renewable energy in the country. However, it is difficult to estimate the extent of subsidy, as there is no benchmark price.