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Contract on gas supplies to China by eastern route comes into effect — Gazprom CEO

October 13, 2014, 17:52 UTC+3
First deliveries of gas to China via the Power of Siberia pipeline will start in late 2018 - early 2019
1 pages in this article
© ITAR-TASS/Valery Sharifulin

Infographics Supplies of Russian natural gas to China Supplies of Russian natural gas to China
May 21, 2014, Gazprom and CNPC have signed a deal on gas supplies to China
MOSCOW, October 13. /TASS/. A contract on gas supplies to China on the eastern route came into effect on October 13 after the intergovernmental agreement was signed, Gazprom CEO Alexei Miller said on Monday.

“It’s today that the agreement on gas supplies, the agreement of sale and purchase, entered into force because in compliance with the treaty the signing of the intergovernmental agreement is the condition for its coming into effect,” Miller said.

Miller also noted that Russia is considering dropping the project of liquefying natural gas before exporting it. According to Miller, in case of dropping the project, the gas intended for the liquefying plant will be exported to China via the Power of Siberia pipeline.

Russian Energy Minister Alexander Novak on Monday said first deliveries of gas to China via the Power of Siberia pipeline will start in late 2018 - early 2019.

Gazprom and the China National Petroleum Corporation on May 21 concluded a $400 billion contract on supply of natural gas to China via the eastern route over a period of 30 years.

Western route of gas supplies to China

Russia and China are also negotiating another route of gas deliveries. Gas traffic to China via the western export route may reach 30 billion cubic meters a year, Gazprom’s CEO Alexei Miller told the media.

In 2015 the countries will sign at least three key documents on a project for Russian natural gas supplies to China via the western route.

The western route will carry gas from fields in western Siberia.

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