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Gazprom and CNPC discuss opportunity of extra gas supplies to China from Russia’s Far East

August 26, 2015, 16:38 UTC+3 MOSCOW

Gazprom and CNPC are to identify specific conditions of implementing the project of natural gas supplies via a pipeline from the Russian Far East and assess its economic feasibility

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© Maxim Slutsky/TASS

MOSCOW, August 26. /TASS/. Gazprom discussed an opportunity of extra gas supplies to China from the Russia’s Far East with China’s CNPC, Chief Executive Officer of Gazprom Alexey Miller said on Wednesday.

Infographics Altai gas pipeline

Altai gas pipeline

Gazprom is in negotiations with China on supplying gas via the western route in the volume of 30 billion cubic meters per year and possibly increasing it later to 100 billion cubic meters per year. Infographics by TASS

"Apart from ongoing work on the eastern route [Power of Siberia gas pipeline - TASS] and negotiations on the western route [Altai gas pipeline - TASS], a memorandum of understanding may be signed on the project of natural gas supplies to China via a pipeline from Russia’s Far East. This new priority area will be an important step of broadening cooperation in the natural gas sphere and deepening bilateral long-term, stable and mutually beneficial relations of cooperation. The parties include this project into the joint activities program of strategic partnership," Miller said.

Gazprom and CNPC are to hold a series of bilateral consultations to identify specific conditions of implementing the project of natural gas supplies via a pipeline from the Russian Far East and assess its economic feasibility. The parties refer to new extra volumes in addition to supplies over the ‘eastern’ and ‘western’ routes.

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

 

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