Pipelines, Storage & Power

CNPC and Gazprom start commercial pipeline negotiations

Gazprom and China National Petroleum Corp. are shifting from technical to commercial negotiations on supplies of Russian gas from Sakhalin to China.
By Staff reporter 15 February 2017 0 24002

Gazprom and China National Petroleum Corp. (CNPC) are shifting from technical to commercial negotiations on supplies of Russian gas from Sakhalin to China, Gazprom’s press service reported following talks between Gazprom Chief Executive Alexei Miller and CNPC board Chairman Wang Yilin.

"The project to supply pipeline gas from the Far Eastern region is a supplement and expansion of the eastern route. The sides summed up the study of the main technical issues and today reached agreement to shift to the commercial stage of negotiations on the...