Russia: Gazprom, CNPC Discuss Gas Delivery to China

Alexander Medvedev (image), Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of China National Petroleum Corporation (CNPC) held another round of commercial negotiations in Moscow.

The parties discussed the terms and conditions for Russian natural gas delivery to People’s Republic of China via the western route (Altai project).

Alexander Medvedev and Wang Dongjin noted the progress in coordinating the gas pipeline specifications.

Consideration was given to the project funding and commercial parameters of the forthcoming delivery of Russian natural gas to the Chinese market, scheduled to start in 2015.

[mappress]

Source: Gazprom, March 16, 2011;