The pre-development of the Chayandinskoye field, the main field of the Yakutia gas production centre, and the Power of Siberia construction were progressing in line with the schedule, according to Gazprom head Alexey Miller
Gazprom has issued its financial plans for next year in its Investment Programme, Budget and Cost Optimisation Programme 2014, in which it plans to raise its 2015 spending by around USD 5.35bn to cover the cost of its major transmission projects
China and Russia have strengthened their energy ties by reaffirming their plans for delivering natural gas via Russia’s Far East and by setting up a new contract to transmit gas from the more westerly Altai region
CNPC has received government approval for its design of the Chinese portion of the new gas transmission network planned to bring 38 billion cubic metres a year of Russian natural gas to China
Gazprom is to supply an additional 30 billion cubic metres of gas to China by its Western Route project (via the Altai Mountains border) in a 30-year agreement, according to chairman Alexei Miller
An inaugural ceremony was held yesterday to commission the first section of the Power of Siberia pipeline that is intended to supply China with 38 billion cubic metres of gas a year
Gazprom has lauded its position as Russia’s chief natural gas exporter during cooperation talks with China’s ambassador to Russia; this comes as rivals, most notably Rosneft, are disputing the state-owned company’s monopoly on foreign trade
