Gazprom Says China Interested in Bigger Russian Gas Imports Via Power of Siberia Pipeline
China wants to import more Russian natural gas via Gazprom's Power of Siberia pipeline, the Russian energy giant's senior executive, Elena Burmistrova, said on Tuesday
MOSCOW (Pakistan Point News / Sputnik - 28th May, 2019) China wants to import more Russian natural gas via Gazprom's Power of Siberia pipeline, the Russian energy giant's senior executive, Elena Burmistrova, said on Tuesday.
"Our Chinese partners are very much interested in additional imports," she told reporters at a press conference on Gazprom's plans to enter Asia Pacific markets.
Burmistrova, who leads Gazprom's export branch, said no arrangement had been made on the amount of extra gas or its pricing but added she hoped to know more details "in near future."
Gazprom has signed a 30-year deal with China's gas corporation CNPC in 2014 to deliver an annual 1.3 trillion cubic feet of natural gas starting in December 2019. Russian President Vladimir Putin said last month that Russia had the required technical capacity to increase gas sales to China.