20/11/2018
Press release: Gazprom and CNPC hold 14th meeting of Joint Coordinating Committee
The 14th meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Hou Qijun, Vice President of CNPC, took place today in Guangzhou, People’s Republic of China.
The meeting participants discussed the results of the programs implemented by the JCC working groups, as well as the prospects of cooperation between the companies in key focus areas.
Specifically, the parties reviewed issues related to gas-fired power generation, use of gas as a vehicle fuel, underground gas storage in China, standardization, staff training, and sci-tech and cultural cooperation.
Particular attention at the meeting was paid to future supplies of natural gas from Russia to China. It was noted that the bulk of work on the Power of Siberia gas pipeline’s linear part stretching from the Chayandinskoye field to the Russian-Chinese border would be completed before the end of 2018.
At the end of the meeting, the JCC working groups’ action plans for 2019 were approved.
Background
Gazprom’s main partner in China is CNPC, a state-owned oil and gas company.
In 2014, Gazprom and CNPC signed the 30-year Sales and Purchase Agreement for Russian gas to be supplied via the eastern route (Power of Siberia gas pipeline). The document provides for gas deliveries to China in the amount of 38 billion cubic meters per year.
In 2015, Gazprom and CNPC inked the Heads of Agreement for pipeline deliveries of natural gas from Western Siberian fields to China via the western route (Power of Siberia 2 gas pipeline).
In 2016, Gazprom and CNPC signed the Memorandum of Understanding on underground gas storage and gas-fired power generation in China and the Memorandum to explore the opportunities for cooperation in the NGV sector.
In July 2017, Gazprom and CNPC inked the Supplementary Agreement to the Sales and Purchase Agreement for gas to be supplied via the eastern route inked in 2014. According to the document, gas supplies will commence on December 20, 2019.
In December 2017, Gazprom and CNPC signed the Heads of Agreement for natural gas to be supplied from Russia’s Far East to China.
Другие новости этого раздела:
23/01/2024
Mosaic ожидает спрос на удобрения в Бразилии в объеме 46 миллионов тонн в этом году
24/09/2022
Первая партия низкоуглеродного аммиака отправилась из Абу-Даби в Германию
18/11/2021
Acron to Reduce UAN Output in Favour of Dry Fertilisers
24/10/2021
«Омский каучук» обновил производство кумола и изопропанола
«Сибур» одобрил гарантии финансирования «Амурского ГХК» на 10 млрд $
Mitsubishi Chemical покупает патент полиэфира из биомассы у Mitsui
23/07/2021
NikoMag will increase production capacity of its magnesium hydroxide plant
23/04/2021
Uniper закроет 10% потребности Германии в зеленом водороде
02/04/2020
Production stopped at fertiliser units at Taloja in Maharashtra
11/03/2020
LANXESS achieves full-year target for 2019
02/03/2020
The Mosaic Company reported a net loss of US$1.07 billion for full year 2019
12/02/2020
28/08/2019
Asian Helsinki Chemicals Forum will take place 24-25 oct 2019
24/05/2019
Helsinki Chemicals Forum took place in the capital of Finland
29/03/2019
Press release: Lukoil CEO and Iraq Prime Minister discuss future cooperation