Gazprom is preparing to increase the volume of gas supplies to China and switch to payment in yuan or rubles
00:14 08.09.2022 2259
Russian Gazprom has begun designing a new gas pipeline to China along the Far East route and signed an addendum to the Gas Purchase and Sale Agreement with CNPC, which allows mutual settlements in yuan or rubles. This was reported on the official website of Gazprom.
During the talks between the leaders of Gazprom and CNPC, it was also reported that the Russian company would fulfill its obligations to increase gas supplies to China in 2023 using raw materials from the Kovykta field.
The head of Gazprom, Alexei Miller, called the transition to a new payment mechanism a mutually beneficial and timely decision that will become an example for other companies.
It is noteworthy that earlier, at the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, the Turkmen side concluded a deal to purchase goods from suppliers from Russia for Turkmen manats.
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President of Turkmenistan outlined the priorities for the development of the country's gas industry
Last Wednesday, President of Turkmenistan Gurbanguly Berdimuhamedov held a meeting in the administrative center of Lebap velayat, at which he heard reports from the heads of the country's fuel and energy complex and defined the tasks of developing the gas industry for the future, the State News Agency of the country reports.
Turkmenistan is one of the three leaders in the supply of gasoline to Uzbekistan
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Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC
Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.
New gas resources discovered in Lebap region of Turkmenistan
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