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    Platts: Gazprom mulls new gas supply deal with China, eyes Indian market: CEO

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Summary

Increasing natural gas exports to Asia and the potential effects of the Ukrainian crisis on exports to Europe are topping the international agenda of Gazprom

by: Sruthi

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Press Notes

Platts: Gazprom mulls new gas supply deal with China, eyes Indian market: CEO

Increasing natural gas exports to Asia and the potential effects of the Ukrainian crisis on exports to Europe are topping the international agenda of Russian gas giant Gazprom, CEO Alexei Miller suggested Friday at a news conference following the company's annual shareholders' meeting.

With the $400 billion, 38 billion cubic meter/year contract to supply China with East Siberian gas in hand, Gazprom has begun talks on supplies via the so-called western route, Miller said.

"The talks on the western route have begun immediately after the signing of the contract on the gas deliveries via the eastern route," he said, adding that the deal, which envisions supplies of up to 30 billion cubic meters/year of gas to China, may be signed "in the near future."
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