00:22 24-11-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Russia, China seek compromise on gas contract – Gazprom Chief

Bishkek (AKIpress) - 185268119 Russia and China are continuing negotiations on a long-debated gas supply deal, seeking a compromise, Gazprom CEO Alexei Miller said Tuesday, RIA-Novosti reported.

“Negotiations continue, the sides are searching for a compromise. The contract can be signed on a mutually beneficial basis,” Miller was quoted in a Gazprom press release as saying.

Russian President Vladimir Putin’s press secretary Dmitry Peskov earlier told reporters that Russia and China had reached significant progress on the issue of gas prices within the upcoming contract, although there still remained some issues for clarification and further improvement.

Previously, the tentative agreement between Gazprom and China National Petroleum Corporation has been delayed several times in the past over pricing disagreements.

The deal provides for gas deliveries amounting to 38 billion cubic meters per year via the eastern route to China, the largest market for Russian gas in the Asia-Pacific region. The contract is expected to be signed for a 30-year period and according to analysts is worth about $400 billion.

Russian President Vladimir Putin is currently in China for high-level talks with top Chinese officials. A large number of documents, including the gas supply deal, are expected to be signed during the Russian leader’s visit.


Twitterfacebookprint
13:41 21.05.2014
LATEST NEWS
12:00 Medvedev offers Turkmenistan to supply meat, agricultural products to Russia within western import restrictions11:52 Deputy Interior Minister, UNODC consider cooperation ties11:38 U.S., Turkey to continue providing support to Syrian 'moderate opposition'11:34 Ukraine considers joining NATO as priority11:31 Russian Government approves Armenia’s accession to EEU11:26 Zhanar Dugalova of Kazakhstan wins Turkvision Song Contest11:21 Uzbekistan takes part in festival of wines and spirits in China11:13 Presidents of Uzbekistan, Switzerland hold talks in Tashkent11:04 Minister of Sport and Youth Affairs of Georgia on visit in Uzbekistan10:56 Tajik Foreign Minister, Pakistani Water Minister vote for stepping up bilateral ties10:50 Nawaz Sharif calls for stronger economic partnership with Tajikistan10:43 Tajik Foreign Minister holds talks with Prime Minister of Pakistan10:34 New U.S. Ambassador to Kazakhstan appointed10:27 Kazakhstan's Nazarbayev, Russia's Putin discuss accession of Kyrgyzstan to EEU10:17 Swiss companies interested in investing in economy of Kazakhstan – Didier Burkhalter10:08 Foreign Minister, Indian Ambassador discuss development of bilateral ties10:00 Existing potential of bilateral relations between Kyrgyzstan, France should be expanded – French Ambassador09:46 Exim Bank of China becomes largest foreign creditor of Kyrgyzstan – Audit Chamber09:34 Foreign Ministries of Kyrgyzstan, Turkey hold another round of consultations09:26 Kyrgyzhydromet warns of day frosts to -15°C
Astana
-26° C
Ashgabat
+8° C
Bishkek
+5° C
Dushanbe
+12° C
Tashkent
+10° C
exchange rates
 
71.75
57.59
9.40
1.26
225.38
180.87
29.53
3.95
6.31
5.08
0.83
0.11
3042.15
2388.25
390.42
56.91
3.53
2.85
0.47
0.06

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75