Gazprom and CNPC sign agreement to supply Russian pipeline gas to China via Far Eastern route

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Gazprom and China National Petroleum Corporation (CNPC) signed a long-term Sales and Purchase Agreement for natural gas to be supplied via the Far Eastern route.

The signing of this document is an important step towards further strengthening the mutually beneficial cooperation between Russia and China in the gas sector. As soon as the project reaches its full capacity, the amount of Russian pipeline gas supplies to China is going to grow by 10 billion cubic meters, totaling 48 billion cubic meters per year (including deliveries via the Power of Siberia gas trunkline).

“This is already a second contract to be signed for Russian gas supplies to China, and it is indicative of the exceptionally strong mutual trust and partnership between our countries and companies. Our Chinese partners from CNPC have already seen for themselves that Gazprom is a reliable gas supplier,” said Alexey Miller.

Source: Gazprom

RusKhimAlyans, Linde, and Renaissance Heavy Industries signed an ЕРС contract to build a natural gas liquefaction plant within the Gas Processing Complex near Ust-Luga

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RusKhimAlyans, Linde, and Renaissance Heavy Industries signed in St. Petersburg an ЕРС contract to build a natural gas liquefaction plant within the Gas Processing Complex near Ust-Luga (GPC, part of the Complex for processing ethane-containing gas; the GPC operator is RusKhimAlyans, a joint venture of Gazprom and RusGazDobycha).

The document was signed in the presence of Alexey Miller, Chairman of the Gazprom Management Committee, and Wolfgang Reitzle, Chairman of the Board of Directors of Linde.

According to the ЕРС contract, the consortium of Linde and Renaissance Heavy Industries is going to provide for the design works and supplies of equipment and materials, as well as to perform the construction and installation of two production trains with a total capacity of 13 million tons of liquefied natural gas per year.

A technology patented in Russia will be used to produce this LNG. The patent holders for the technology are Gazprom and Linde.

Source: Gazprom