Gazprom and CNPC Discuss Progress of Project for Russian Gas Supplies to China via Far Eastern Route
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dai Houliang, Chairman of the Board of Directors of CNPC, took place today via a video call at the Eastern Economic Forum 2022. The parties reviewed the state and prospects of cooperation between the companies in a wide range of activities. It was highlighted that the collaboration between Gazprom and …
Gazprom: China’s Strategic Partner
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Han Zheng, Vice-Premier of the State Council of the People’s Republic of China, took place in Moscow today. The parties addressed the issues of strategic cooperation in the energy sector, reviewing, inter alia, the progress of the …
Rosneft Strengthens Cooperation with China
Rosneft and China’s CNPC signed an amendment to the agreement envisaging additional supplies via Kazakhstan and the prolongation of the contract signed on 21.06.2013 till 31.12.2023. Deliveries from 01.01.2017 to 31.12.2023 will amount 70 mln t, whilst the total volume of the supplies (including 21 mln t delivered previously) will …
Yamal LNG: 9.9% Stake Sold to China's Silk Road Fund for 730m Euros
OAO NOVATEK announced today the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (“SRF”). In particular, the parties signed a share purchase and sale agreement in relation to a 9.9% equity stake in …
Yamal LNG: 9.9% Stake Sold to China’s Silk Road Fund for 730m Euros
OAO NOVATEK announced today the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (“SRF”). In particular, the parties signed a share purchase and sale agreement in relation to a 9.9% equity stake in …
Platts Report: China Oil Demand Grows 10% Year over Year in August
China’s apparent oil demand* rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Barring gasoil and naphtha, China’s apparent demand for all other key products—gasoline, liquefied petroleum gas (LPG), jet/kerosene, and fuel oil—saw double …
Russia and China Aiming for Successful Conclusion of Negotiations on Western Route
Beijing hosted today working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The participants addressed the issues of bilateral cooperation, particularly the preparations for …
Igor Sechin Held Talks on the Development of the Cooperation with the People's Republic of China
On October 30-31, Rosneft Head Igor Sechin held talks on the development of the strategic cooperation with the People’s Republic of China in Beijing. In particular, during the visit Igor Sechin met with Vice Premier of China Zhang Gaoli, Chairman of the Chinese National Petroleum Corporation (CNPC) Zhou Jiping and …
Igor Sechin Held Talks on the Development of the Cooperation with the People’s Republic of China
On October 30-31, Rosneft Head Igor Sechin held talks on the development of the strategic cooperation with the People’s Republic of China in Beijing. In particular, during the visit Igor Sechin met with Vice Premier of China Zhang Gaoli, Chairman of the Chinese National Petroleum Corporation (CNPC) Zhou Jiping and …
CNPC to pick up 10% of Vankor?
Chinese investors are to receive up to 10 percent in the Vankor cluster fields of northern Siberia, one of the biggest developed Russian oilfields and Rosneft’s biggest production asset. Russian President Vladimir Putin announced the plan at the construction launch of the Power of Siberia gas pipeline on 1 September, …