Gazprom and CNPC ramping up joint efforts to sign contract for Russian gas supply to China
Beijing hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Jiang Jiemin, Chairman of the Board of Directors of China National Petroleum Corporation. Taking part in the meeting were Zhou Jiping, CNPC President, Wang Dongjin, CNPC Vice President, Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee.
The parties addressed a wide spectrum of issues surrounding the companies’ cooperation in the gas sector. Special focus was laid on key commercial and technical parameters of pipeline gas supplies to the PRC market, particularly, from the Power of Siberia gas pipeline. It was noted that joint efforts had been ramped up to sign a contract for Russian gas supply to China in 2013.
In addition, the meeting participants exchanged views regarding deeper cooperation between the companies, underground gas storage in China and LNG supplies in the framework of the Vladivostok-LNG project.