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A. Miller: Gazprom will sign a contract for gas supplies to China on economically acceptable conditions for Russia
Gazprom will sign a contract for the supply of 38 billion cubic meters of gas to China annually for 30 years on terms that are economically acceptable for the Russian side, Gazprom CEO Alexei Miller said in the Vesti on Saturday with Sergei Brilev program.
Miller stressed that the final stage of negotiations is now underway, and the corresponding contract is already ready. “And there is only one question - this is the starting, base price in the price formula, which is already, and this is very remarkable, with our Chinese partners fully agreed,” he said.
The agreement may be signed during the visit of Russian President Vladimir Putin to China on 20 May.
The head of Gazprom said that after the signing of the document on gas supplies from Eastern Siberia via the so-called eastern route, the company will negotiate with China on supplies via the western route. He added that the resource base of this project is sufficient for gas supplies to both Europe and Asia.