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Policy & Regulation

Gazprom signs second export deal with China

Russia has signed a second major gas export deal with China, with plans to ship up to 30 bcm/y of gas from existing fields in Western Siberia via the so-called Western Route Russia has signed a second major gas export deal with China, with plans to ship up to 30 bcm/y of gas from existing fields in Western Siberia via the so-called Western Route.
By Colin Shek and Tom Hoskyns 8 May 2015 Europe & Russia / Supply & Demand 0 16061
The latest Russia-China gas deal will supply gas via the ‘Western Route’.

Gazprom’s bid to shift its focus eastwards continues apace with the signing of a second major gas export deal with China.

The agreement was one of a host of infrastructure contracts signed on Thursday, the first day of Chinese President Xi Jinping’s visit to Moscow.

It features plans to ship up to 30 billion cubic metres of gas per year to China from existing fields in Western Siberia via the so-called Western Route.

The document was signed by Gazprom Chief Executive Alexei Miller and China National Petroleum Corp. (CNPC)...