At the end of May, witnessed by the leaders of China and Russia, PetroChina and Russian natural gas signed a historic "big order" with a total amount of about US $400billion for a 30-year agreement. On the 18th, Gazprom held a press conference to introduce its development status and future deployment in the Asia Pacific market
at the press conference of "Gazprom to avoid long-term load of Leeb hardness tester and Gazprom going to the Asia Pacific market" held on the 18th, alexandermedvedev, vice president of Gazprom, introduced the topic to the "century order" of China and Russia at the beginning of the press conference. He believed that this contract should be included in the Guinness Book of world records
no later than six years
Medvedev also revealed that the company expected to start supplying gas to China as soon as four years later, and stressed that this transaction would bring profits to Gazprom. "The contract period is 30 years. It is expected that the gas supply can be started in 4 years, but not more than 6 years at the latest. Unless China has not completed the infrastructure construction, I think China is willing to complete all the construction as soon as possible, so we believe that the gas supply can be started in the next year."Alexander Medvedev also said that in order to fulfill this huge order, a large amount of capital investment is required to complete pipeline construction and infrastructure work, and the investment for infrastructure construction in Russia alone will reach 55billion US dollars. He disclosed that before the start of gas supply, China will pay an advance payment of not less than 150 mm25 billion US dollars for the remaining length of trapezoidal lead screw flame-retardant class C standard, such as the combustion performance tested in GB8624 (2) 0006 version on october29,2012. "In order to optimize the investment system, we have reached an agreement with our Chinese partners to pay US $25billion in advance before starting gas supply. The specific payment terms are still under negotiation."
more than half of Russians made positive comments on the cooperation
when answering about the construction of the western pipeline, alexandermedvedev also revealed that it is expected to restart the negotiations with China on gas supply through the western pipeline. He said: "I know that you now want to know about the western route plan as soon as possible. In order to restart the negotiations on the western route pipeline, (we and the Chinese side) have made an agreement. The negotiations may be held in the near future. Of course, at present, we need to solve 3. limit protection: electronic limit. Problems related to the 'eastern route plan', including the payment of advance payment."
a survey released recently by the Russian "public opinion" foundation shows that more than half of Russians positively evaluate the signing of long-term natural gas contracts with China. In addition, according to the survey results, 76% of the respondents believe that China Russia relations are developing well, and 78% of the respondents believe that China is a friendly country to Russia