CNPC and Gazprom agree to build Chinese gas storage

By Staff reporter 17 February 2017

China National Petroleum Corp. (CNPC) and Gazprom have signed a geological technology research agreement to build an underground gas storage facility in China.

The two will evaluate the Shengshen 2-1 gas field in Heilongjiang province and an underground salt cavern in Jiangsu, as well as an aquifer.

The agreement comes after CNPC Chairman Wang Yilin met Gazprom Chairman Alexei Miller at CNPC’s headquarters in Beijing on Wednesday.

The two parties discussed strengthening cooperation in the gas business and signed a new cooperation agreement.

Miller also met Chinese Vice Premier...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up