Russia, China sign agreement on gas supply

Russian gas export monopoly Gazprom on Tuesday signed a preliminary agreement on gas supplies to China with China National Petroleum Corp (CNPC).

The deal, the terms of which were not immediately disclosed, was signed during Russian Prime Minister Vladimir Putin's visit to Beijing.

Earlier, Gazprom chief executive Alexei Miller told reporters that Russia could potentially supply about 70 billion cubic metres of gas per year to China.


Reuters