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The contract between Gazprom and CNPC has become the largest for the gas industry, both in the history of the USSR and in modern Russia

Investments under the contract signed between Gazprom and CNPC on both sides will exceed $ 70 billion.

The contract has become the largest for the gas industry, both in the history of the USSR and in modern Russia, said Russian President Vladimir Putin.

As the president noted, the gas sale contract to China will be the largest construction project in the world on 4, ITAR-TASS reported.

Today, earlier, the head of Gazprom, Alexey Miller, called this deal the largest deal for Gazprom. According to Miller, the price of gas supplies to China is a commercial secret, but he said that the total contract price is $ 400 billion over 30 years.

Gazprom and CNPC have signed a contract to supply gas to China today. The ceremony was attended by Russian President Vladimir Putin and Chinese President Xi Jinping. In addition to the document, the parties signed a memorandum of understanding in the field of gas supplies along the eastern route. The signatories under the contract were put by the Minister of Energy of the Russian Federation Alexander Novak and the head of the State Energy Department of the PRC U Xinsyun.

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