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Gazprom negotiates gas advance on 25 billion dollars with China

Gazprom has previously agreed with China an advance payment on a gas contract for $ 25 billion. The details of the agreement are still being discussed.

Recall, on Wednesday, Gazprom and CNPC signed an 30-year contract for the supply to China of up to 38 billion cubic meters of gas per year. The price of gas for Beijing is not disclosed, but it is known that the total value of the contract amounted to 400 billion dollars.

Gas supplies to China under the contract can begin in 4-6 years.

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