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Russian Gazprom, Chinese CNPC start talks on gas deliveries timeframe

Логотип TASS TASS 08.06.2017 TASS

MOSCOW, June 8. /TASS/. Gazprom and CPC started talks on a specific timeframe for initiation of gas deliveries to China over the Power of Siberia gas pipeline, Deputy Chief Executive Officer of the Russian holding Vitaly Markelov told reporters on Thursday.

"We started this work in May 2017. We are currently interacting with China’s CNPC on clarification of our timeframe," the top manager said.

Cooperation with India 

Gazprom looks forward to completion of negotiations on deliveries of liquefied natural gas (LNG) to India by the end of this year, Chief Executive Officer of its international arm Gazprom Export Elena Burmistrova said.

"Our subsidiary Gazprom Marketing and Trading continues talks, regularly visits India; and I hope we will find a tradeoff by the end of this year," the top manager said.

Gazprom does not exclude engagement of partners for fields development in India.

Gas pipeline to Japan

Gazprom does not rule out laying a gas pipeline to Japan if it is economically feasible, Deputy Chief Executive Officer of the Russian holding Alexander Medvedev told reporters on Thursday.

"We cannot exclude on the basis of general preconditions that construction of such a pipeline will be economically feasible. Prospects and the situation are good; all our counterparties are set to fruitful work," Medvedev said.

Price offer from Sakhalin-1 

Gazprom received a price offer from Sakhalin-1 for gas supplies to Train 3 of Sakhalin-2 LNG Plant, Medvedev said.

"We have just received the price proposal from Sakhalin-1 and will now consider it," Medvedev said.


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