Cooperation Between Gazprom & CNPC Gradually Evolving

Source: www.gulfoilandgas.com 9/12/2018, Location: Asia

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today at the 4th Eastern Economic Forum in Vladivostok.

The parties discussed a wide range of issues related to the strategic cooperation, noting that China was increasing its gas imports on the back of the rapidly growing gas demand. In that regard, a focus of the meeting fell on the future gas supplies to China via the Power of Siberia gas pipeline, scheduled to start on December 20, 2019.

Alexey Miller informed Wang Yilin that 93 per cent (over 2,010 kilometers) of Power of Siberia’s linear part stretching from the Chayandinskoye field to the border with China had already been welded and laid, while the submerged crossing under the Amur River at the cross-border section of the gas pipeline was nearly complete. The Chinese party informed of the progress with laying the gas pipeline across its territory.

The meeting addressed the current status of the talks on the project for gas supplies to China from the Russian Far East, as well as the prospects of the project for gas supplies via the western route. The parties also touched upon the joint efforts in gas-fired power generation, underground gas storage and wider use of gas as a vehicle fuel.


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