24 April 2024
Gazprom still bullish on China export deal
Publication date: 29 September 2011
Gas Strategies Group
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ISSN: 0964-8496
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Gazprom said this week that it has agreed a pricing formula with China National Petroleum Corporation (CNPC) for Russian gas exports to China, and said a deal could still be signed this year. Gazprom’s increasingly positive rhetoric indicates progress in the protracted negotiations, but the old stumbling block remains - the price.