Ukrianian court puts on hold lawsuit against ban on Russian social networksWorld May 28, 6:10
Russia’s Lasitskene wins high jump in Diamond League event in Eugene, USSport May 28, 4:59
Havana Airport gets Russian-made air traffic control systemsWorld May 28, 4:16
Guests of FIFA 2018 World Cup sure to get warm welcome in Russia — LavrovSport May 28, 2:25
Kantemir Balagov’s "Closeness" gets Cannes Festival’s International Critics’ PrizeSociety & Culture May 28, 1:03
Anti-church laws in Ukraine may cause religious strife — Ukrainian Orthodox ChurchWorld May 28, 0:22
Russia’s national football team absolutely clear of doping — doctorSport May 28, 0:14
Russian cyclist Zakarin finishes second in Giro d’Italia Stage 20Sport May 27, 22:27
Putin, Erdogan agree to develop coordination of efforts for settlement in SyriaRussian Politics & Diplomacy May 27, 19:29
“As I previously said, there is no need in advance payment for implementing gas delivery to China. It may serve as a tool for cutting the price for the Chinese side in view of Russia’s levying of customs duties. The advance payment may be potentially beneficial for both sides. But there is nothing critical in using or not using the advance payment,” Medvedev said.
In May, Gazprom confirmed the advance payment agreement with China National Petroleum Company (CNPC) in the amount of $25 billion. The advance payment sum matches the previously announced cost of the construction of the Power of Siberia gas pipeline with the capacity of up to 38 billion cubic meters per year. Gazprom CEO Alexei Miller said earlier that the gas pipeline construction would be launched right after the contract signing. Gas should be sold first — Gazprom has always stuck to this formula in the construction of infrastructure facilities, Miller said.
Gazprom and CNPC signed on May 21 a contact on gas delivery to China. The total cost of Gazprom’s contract with China’s CNPC will amount $400 billion for 30 years.