Gulf Oil and Gas accountACCOUNT

Gazprom and CNPC Sign Agreement for Gas Supply

Source: www.gulfoilandgas.com 12/28/2009, Location: Asia

On December 22–27 the Gazprom’s delegation, led by Alexander Medvedev, held in China the year’s final round of commercial talks with the China National Petroleum Corporation (CNPC) relevant to arranging Russian gas supplies to China via the western and eastern routes.

Based on the negotiation results and in compliance with the previously reached agreements between Gazprom export and a subsidiary of CNPC, PetroChina International, an Agreement was signed on major terms and conditions for natural gas supplies from Russia to China.

The Agreement defines the basic commercial and technical parameters of Russian gas supplies to Chinese consumers.

The parties also agreed on furthering active cooperation in the first quarter of 2010 to come to understanding on other terms and conditions that would subsequently lay the foundation for entering into contracts on gas supply from Russia to the People’s Republic of China via both routes.

Gazprom and CNPC signed the Agreement of Strategic Cooperation on October 14, 2004. The Agreement covers a wide spectrum of joint businesses including scrupulous discussion of the issues related to the arrangement of Russian natural gas deliveries to China by Gazprom. The opportunities for implementing joint gas processing and gas chemical projects in eastern Russia and in third countries are being studied.

On October 13, 2009 Gazprom and CNPC signed the Framework Agreement on major terms and conditions for natural gas supply from Russia to China.

Oil & Gas Companies News in Russia >>

Azerbaijan >>  4/16/2019 - Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company) has been awarded its first contract, which is with BP Exploration (Caspi...
Russia >>  4/10/2019 - Zvezda Shipbuilding Complex and Sovkomflot PJSC have signed a contract to make a pilot gas carrier vessel for the Arctic LNG 2 project. The contract s...

India >>  4/8/2019 - Axens’ Technologies for HPCL Rajasthan Refinery in HPCL Rajasthan Refinery Limited (HRRL), a joint venture company between HPCL and the Government of ...
China >>  4/5/2019 - Woodside has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a per...

Russia >>  4/2/2019 - During the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, Novatek Gas & Power Asia, a trading subsidiary o...
Indonesia >>  3/25/2019 - TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI) contract by Eni for ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.