Alexey Miller's column

Gazprom and CNPC broadening strategic cooperation in energy sector

“The strategic partnership between Gazprom and CNPC continues to advance. I am confident that Gazprom’s unique experience and enormous capacities will help China with its ambitious plans to develop the national gas market and secure demand for natural gas as well. By 2020, the share of natural gas in China’s energy mix is expected to grow from 6 per cent to 10 per cent. According to the plan, the need for gas imports may double by late 2020, reaching 150 billion cubic meters. As of today, we have an ongoing project with CNPC for gas supplies from Russia to China via the eastern route. The agenda is to complement it with another project for pipeline gas supplies from Russia’s Far East.”

Welding of first joint at Power of Siberia gas pipeline. September 1, 2014