Gazprom is ready to increase gas deliveries to China up to 100 milliard cubic meters per year
8:28 7 октября 2014
Категории: News in English
In the coming prospect Gazprom can increase the amount of gas deliveries to China up to 100 milliard cubic meters per year. This information was given by the chairperson of the board of the company Aleksey Miller on the plenary session of St. Petersburg International Gas Forum.
As he notes, the company came to this market not long ago, concluded a very profitable contract, on which it will earn 400 milliard dollars during 30 years. In the prospect amounts of deliveries to the market of China can grow up to 60 and even up to 100 milliard cubic meters of gas per year. He also underlines that though predominantly liquefied natural gas is delivered to the Asia-Pacific region, a share of pipeline gas on its market and on the market of China will grow, as it is informed on the website portnews.ru.
As we should remind, in the end of May Gazprom and the company CNPC signed the contract per 30 years about delivery of Russian pipeline gas to China. It is planned to start transportation of gas in 2020 along the new gas pipeline «The Power of Siberia». The agreement supposes delivery of 38 milliard cubic meters of gas per year.