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Russia, China may ink major gas deal on October 13

October 12, 2014, 7:04 UTC+3 BEIJING
Gazprom and China National Petroleum Corporation have inked a contract for gas delivery to China on ‘the eastern route’ for next 30 years on May 21
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© ITAR-TASS/Alexey Rumin

BEIJING, October 12. /TASS/. Russia and China may sign a deal on Moscow gas supplies on ‘the eastern route’ to that Asian country at a 19th regular meeting of prime ministers on October 13, Russian trade commissioner to China Aleksey Gruzdev told TASS.

“Russian and Chinese agencies concerned have been holding regular consultations for several months over an inter-governmental agreement on energy co-operation, including gas supplies on ‘the eastern route’. I hope that the countries will sign the document at a 19th regular meeting of prime ministers in Moscow on October 13,” he said.

Russian energy giant Gazprom and China National Petroleum Corporation (CNPC) have inked a contract for gas delivery to China on ‘the eastern route’ for next 30 years on May 21. The contract costs a total 400 billion dollars.

‘The eastern route’ implies delivery of 38 billion cubic metres of Russian gas to China along the trunk gas pipeline Power of Siberia.

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