Bloomberg: Gazprom Says China Supply Talks Looking Beyond Short-Term Demand

Russia’s energy pivot to Asia won’t be slowed by a slump in commodities and cooling economic growth in China, according to the state-run energy giant Gazprom PJSC.

The world’s largest natural gas exporter sees its supply negotiations with China unaffected by the Asian nation’s falling demand this year for imported fuel, Alexander Medvedev, Gazprom’s deputy head, said in an interview on Tuesday. China’s need for overseas gas is down about 15 percent from the previous year to 51 billion cubic meters, according to his presentation at an industry conference in Russia’s Far East.

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