21:13 GMT +323 March 2017
Live
    Gazprom building in Moscow

    Russia's Gazprom, China's CNPC Agree to Start Gas Pipeline Construction Talks

    © Sputnik/ Maksim Blinov
    Business
    Get short URL
    080873

    Russia and China agreed to begin commercial talks on the construction of a gas pipeline stretching from the Russian Far East to China, Russia's Gazprom energy company said Wednesday.

    MOSCOW (Sputnik) Gazprom CEO Alexey Miller and CNPC Chairman Wang Yilin held a working meeting in Beijing earlier in the day, the company said in a statement.

    "The sides summarized the elaboration of major technical issues and today reached an agreement on transitioning to a commercial stage of negotiations on this project," Gazprom said.

    Additionally, preparations are underway on the construction of a cross-border section of the Power of Siberia pipeline, the company stated.

    The sides also signed an agreement on the geological and technological study of an underground gas storage facility in China.

    Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!

    Related:

    Gazprom Neft Offers China’s CNOOC Oil Firm Partnership on Two Arctic Shelf Sites
    Gazprom Considering Direct Helium Supplies to China Via Amur River Bridge
    Russia's Gazprom, China's CNPC May Sign Deal on Gas Storage Construction
    Tags:
    Gazprom, Wang Yilin, China, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment