Sunday, 8 September 2013

CNPC sign agreement with Gazprom to import natural gas

The China National Petroleum Corporation (CNPC) said on Friday that it has signed a framework agreement with Russian energy giant Gazprom to import natural gas.
The agreement is a breakthrough after years of negotiation on bilateral gas cooperation, and paves the way for a final deal that the two companies have agreed to sign at the end of this year, said the CNPC in a statement.
Gazprom will start delivering gas to China in 2018, said the CNPC.

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