Gazprom hosts meeting to discuss gas supply to China

The Gazprom headquarters has hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Li Hui, Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Russian Federation.

The parties addressed the issues of strategic co-operation in the gas sector as well as arranging the Russian natural gas supply to China via the eastern route. It was pointed out that Gazprom made energetic efforts to build the required gas production, transmission and processing capacities in Eastern Russia. Particularly, the preparations for the construction of the Power of Siberia gas pipeline were highlighted.

Li Hui stressed during the meeting that Gazprom was a driving force of the Russian-Chinese co-operation.

Background

On 21 May, 2014 Gazprom and China National Petroleum Corporation signed the contract for the Russian pipeline gas supply to China. The 30 year contract stipulates gas supplies in the amount of 38 billion m³/yr of gas.

The eastern route provides for the Russian natural gas supply to China via the Power of Siberia gas trunkline (unified gas transmission system encompassing the Yakutia and Irkutsk gas production centers designed for supplying natural gas to Russia's Far East and China).

Adapted from press release by by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/20082014/gazprom-hosts-meeting-to-discuss-gas-supply-to-china/