All news

Signing of Western Route gas supply agreement may be postponed — Russia’s envoy to China

Russian President Vladimir Putin plans to visit China on September 3 to take part in celebration of 70th anniversary of the World War II end

BEIJING, August 20. /TASS/. Signing of the agreement on Russia’s natural gas supplies to China over the Western Route [Power of Siberia-2 gas pipeline project - TASS] may not take place during the visit of Russian President Vladimir Putin to China on September 3 and may be postponed until the next summit meeting, Russia’s Ambassador to China Andrei Denisov said on Thursday.

Vladimir Putin will visit China to take part in celebration of 70th anniversary of the World War II end.

"The parties said early this year that negotiations will culminate with signing during one of visits of leaders of the nations. If signing takes place, this will be a kind of a gift. If no, we will continue working," Denisov said.

TASS reported earlier negotiations between Gazprom and the Chinese side on natural gas supplies over the Western Route have very good dynamics, Gazprom said after the meeting between Gazprom CEO Alexei Miller and Vice President of PetroChina Huang Weihe on August 18.

Main conditions of supplies have already been determined, Gazprom said, particularly the corridor of Russia-China border crossing. "The current negotiating process under the project has very good dynamics," Gazprom said.

The ‘Western Route’ provides for natural gas supplies to China from fields in the West Siberia amounting to 30 bln cubic meters a year, with a potential increase to 100 bln cubic meters thereafter. Supplies are expected to take place over 2,700 km long route.