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Sberbank is ready to take part in financing the gas project with China - Gref
The head of Sberbank, German Gref, said that the bank is ready to take part in financing a gas project with China, if it receives a corresponding offer, RIA Novosti reports.
Gazprom and CNPC signed on May 21 30-year contract for the supply of 38 billion cubic meters of gas to China annually at a total cost of $ 400 billion. Gazprom's total investment in the necessary infrastructure is estimated at $ 55 billion.
"This agreement has just been signed, and so far we have not received an invitation to participate in financing. If we do, we will probably gladly participate," Gref said at the annual meeting of Sberbank shareholders.