met coal and iron ore the only place to be

From 2018 onwards, a gas supply arrangement will deliver a serious portion of energy to Northern China.

This confirms that Met coal and Iron ore are the only places to be.


China and Russia in $US400bn gas deal
The Australian from AFP May 22, 2014 1:00AM - China and Russia have signed a monumental, multi-decade gas supply contract in Shanghai, Chinese state energy giant CNPC says, with reports saying it could be worth as much as $US400 billion ($A432.78 billion).

The contract signatures came after years of negotiations and were witnessed by Chinese President Xi Jinping and visiting Russian leader Vladimir Putin, CNPC said in a statement.

"This is another major milestone achievement in China-Russia energy strategic co-operation," it said, adding it was "facilitated and greatly supported personally by the leaders of China and Russia".

Russia has vast energy reserves and China is constantly seeking resources to power the growth of its economy, but the neighbours had been unable to agree a price for years.

Nonetheless Moscow has in recent years been seeking to unlock new energy markets in Asia, and now faces a fresh confrontation with the West over Ukraine.

Russian reports cited Alexei Miller, the chief of Russia's energy giant Gazprom, as saying the gas deal was worth $US400 billion over its full term.