Trade Resources Economy Russia Discusses a Pipeline Gas Supply Deal with China for 38b Cubic Meters/Year on May 20

Russia Discusses a Pipeline Gas Supply Deal with China for 38b Cubic Meters/Year on May 20

Russia's president, Vladimir Putin, is set to put his problems with Europe behind him for a few days on a visit to Beijing.

Putin hopes to return to Moscow with a slew of energy deals, including a pipeline gas supply deal with China for 38 billion cubic meters/year on May 20.

The two countries' gas giants, Gazprom and China National Petroleum Corporation, have already said they are in agreement on all the terms of a deal except the price, with both sides only prepared to concede that, not surprisingly, it would not be based on the US Henry Hub.

 

 

Source: http://news.chemnet.com/Chemical-News/detail-2315606.html
Contribute Copyright Policy
Russia, China Poised to Sign Mega-Gas Supply Deal Tuesday
Topics: Chemicals