Gazprom’s Board of Directors took into account the information regarding the progress with pipeline gas supplies to China and other Asia-Pacific countries.
It was noted during the meeting that a fresh impetus was given to the negotiations with China within the frameworks of the APEC Summit in Vladivostok.
At present, gas supplies from Russia in the amount of 68 billion cubic meters are being discussed with China, in the amount of 10 billion cubic meters – with South Korea, negotiations are ongoing with Japan. Meanwhile, Sakhalin LNG is being exported to the Asia-Pacific countries.
As a result of creating a new Russian gas export center within the Eastern Gas Program, gas supplies from Russia to the Asia-Pacific countries can compare with the Russian gas export to Europe or even exceed it.
[mappress] LNG World News Staff, October 31, 2012; Image: Gazprom