Putin Ratifies Eastern Route Gas Pipeline Agreement With China

Russian President Vladimir Putin has signed a decree approving gas supplies to China via the Eastern route, Xinhua reported citing a document published Saturday on Russia’s official legal information portal.

The agreement was passed on April 24 by parliament's lower house, or the State Duma, and approved by the upper chamber namely the Federation Council five days later, Xinhua said.

In May last year, Gazprom and CNPC signed 'China and Russia Purchase and Sales Contract on East Route Gas Project'. As per the deal, Russia will supply 38 billion cubic meters of natural gas annually from 2018 via east route pipeline for a period of 30 years. Gas will be supplied from eastern Siberia and Sakha Republic Kovykta gas field.

Construction work on the pipeline commenced in September.