Gulf Oil and Gas accountACCOUNT

Russian & Chinese Energy Partnership Gaining Momentum

Source: www.gulfoilandgas.com 12/29/2014, Location: Asia

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Li Hui, Chinese Ambassador to Russia.

The parties addressed the issues of further bilateral cooperation. The progress with the project for supplying Russian pipeline gas to China via the eastern route was positively evaluated. It was pointed out that the project was carried on according to the deadline.

The meeting also mentioned the formulation of the Purchase and Sale Agreement for Russian gas supply via the western route.

The meeting participants stressed that the departing year was seminal for the Russian-Chinese relations in the energy sector and expressed their confidence that the partnership would keep on gaining momentum.

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