On Gazprom and CNPC's commercial negotiations, 俄罗斯天然气工业股份公司

Release Date: 2010-09-22

Beijing hosted commercial negotiations between Gazprom and China National Petroleum Corporation (CNPC) held within another round of Russia-China Energy Dialogue. Gazprom’s delegation was headed by Deputy Chairman of the Management Committee Alexander Medvedev, CNPC’s delegation – by Vice President Wang Dongjin.

Gazprom and CNPC have agreed on the key indicators of the future Russian natural gas supplies to the PRC market that are slated for 2015 according to the Memorandum of Understanding between Russia and China on cooperation in the natural gas sector signed in June 2009 and the Roadmap representing a Supplement to the Memorandum and determining certain actions to develop interaction between the parties.

Based on the results of the Russia-China Energy Dialogue meeting held in Tianjin, Alexander Medvedev emphasized that Gazprom and CNPC were going to sign in late September 2010 an extended version of the Basic Terms and Conditions for natural gas supplies to China that would be taken as a basis for the future contract.

Type:	NORMAL
Company:	俄罗斯天然气工业股份公司
Country:	俄罗斯