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Gazprom and CNPC to sign gas supply contract by end of 2013

October 24, 2013, 16:08 UTC+3
Russia's Ministry of Energy said gas deliveries might start in 2018-2020 with projected annual capacity of 38 billion cubic meters
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KOMSOMOLSK-ON-AMUR, October 24 (Itar-Tass) - Russia's state energy giant Gazprom is moving towards signing a gas supply contract with China before the end of 2013, Gazprom CEO Alexei Miller said on Thursday.

“We have such an aim,” Miller told journalists, answering questions about recent talks in Beijing. “The decision is already made,” he said.

Agreement has been reported that Gazprom and the China National Petroleum Corporation (CNPC) would sign a contract for the supply of gas to China through an eastern pipeline route by the end of the year. CNPC and Gazprom have agreed on price and are currently discussing conditions for technical supplies.

Russia's Ministry of Energy said gas deliveries might start in 2018-2020 with projected annual capacity of 38 billion cubic meters.

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