Siberian Coal Energy Company Siberian Coal Energy Company Siberian Coal Energy Company (SUEK) is one of top-ten global coal producers by output, international sales and reserves and Russia's largest coal producer, which has affiliates and subsidiaries in Krasnoyarsk Oblast, Primorsky Krai, and Khabarovsk Krai, Chita Oblast, Kemerovo Oblast, Buryatia and Khakassia. In February 2007, SUEK and Gazprom agreed to establish a joint company on the basis of their electricity and coal assets. The shares of new company would have been divided on the basis of 50% plus 1 share to Gazprom and 50% minus 1 share to SUEK. However, that deal was abandoned. In
Gazprom of Romania's, 36 percent of Germany's, 27 percent of Italy's, and 25 percent of France's gas. The European Union receives about 25 percent of its gas supply from Gazprom. In 2014, Europe was the source of 40% of Gazprom's revenue. The proportion of Europe’s gas bought in the spot market rose from 15 percent in 2008 to 44 percent in 2012. In September 2013, during the G20 summit, Gazprom signed an agreement with CNPC that the Henry Hub index would not be used to settle prices for their trades. On 21 May 2014, Putin met with Xi Jinping and negotiated