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Gazprom may ink western route China supplies deal in 2014

September 19, 2014, 11:09 UTC+3 HONG KONG
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HONG KONG, September 19. /ITAR-TASS/. Russian gas giant Gazprom hopes to sign a deal on gas supplies to China via the western route, connecting fields in the Western Siberia with Northwest China through the Altai republic, in 2014, South China Morning Post reported Friday, citing CFO Andrey Kruglov.

Russia may supply 30 billion cubic meters of gas to China via the western route annually in addition to 38 billion cubic meters of gas dispatched by the eastern route under the contract signed in May, CEO Alexey Miller said earlier. Gazprom will gradually raise supplies within 30 years until they reach 100 billion cubic meters annually, he said.

The eastern route supply contract amounted to $400 billion.

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