News Snapshot:
Russia is discussing a major new infrastructure project to deliver gas to China via Mongolia , President Vladimir Putin said on Wednesday, as Moscow looks to Beijing to replace Europe as its major gas customer. "We are in discussions about the possible implementation of a major infrastructure project, I mean the supply of Russian gas to China via Mongolia," Putin said in a televised meeting with Mongolia's Prime Minister Luvsannamsrai Oyun-Erdene. The two leaders were speaking at Russia's Eastern Economic Forum in Vladivostok on the same day Putin threatened to switch off energy supplies if the West adopts price caps...