Wednesday 13 May 2015

Gazprom signs gas export deal with China

Gazprom signs gas export deal with China

A contract has been signed to supply gas from Russia to China via a western route.

The agreement between energy companies Gazprom and China National Petroleum Corporation (CNPC) includes plans to ship up to 30 billion cubic metres of gas per year from Western Siberia's fields.

Inked in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping, the document outlined details of the future supplies.

Gazprom Chairman Alexey Miller said: “The western route will provide access to the vast resources of Western Siberia for the Chinese market.

“The resource base is available. Gazprom will be able to start supplies upon completion of the gas pipeline.”

Written by

Bruna Pinhoni

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