Russian pipeline gas supply to China
Gazprom and CNPC point out progress with contract for Russian pipeline gas supply via eastern route
Beijing hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC).
The parties addressed the issues of arranging Russian pipeline gas supply to China.
Alexey Miller and Zhou Jiping pointed out considerable progress with talks over a contract being hammered out to supply gas via the eastern route in accordance with the previously agreed Major Terms.
“At this round of talks we approved all the project-related technical matters. We advanced in our talks on the gas price. The parties agreed that the contract would come into force before the end of 2014 and that the next round of talks would take place in Moscow in late April,” said Alexey Miller, summarizing the meeting results.