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Russia’s Gazprom nominates gas deal with China for Guinness World Records

June 17, 2014, 16:11 UTC+3 MOSCOW
Gazprom Deputy Chariman Alexander Medvedev says many experts described Gazprom's deal with China National Petroleum Corporation as a deal of the century
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China's president Xi Jinping (L) and Russia's president Vladimir Putin seen after signing joint documents

China's president Xi Jinping (L) and Russia's president Vladimir Putin seen after signing joint documents

© ITAR-TASS/Mikhail Metsel

MOSCOW, June 17. /ITAR-TASS/. A 30-year gas supply deal between Russia's state energy giant Gazprom and China National Petroleum Corporation (CNPC) should be included in the Guinness Book of Records, Gazprom Deputy Chariman Alexander Medvedev said.

“Many experts described the contract as a deal of the century. It deserves to be included in the Guinness Book of Records,” Medvedev said, adding that gas supplies via pipeline would satisfy only a part of the forecast demand.

“There is still room for supplies of liquefied natural gas,” he said. “The Eastern dragon will continue flying high.”

On May 21, Russia’s Gazprom and China National Petroleum Corporation, China’s largest oil company, signed a $400 billion contract for the supply of Russian pipeline gas to China. Under the deal, Gazprom will supply the CNPC with up to 38 billion cubic meters of gas a year for 30 years, beginning in 2018.

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