Gazprom, CNPC sign heads of agreement on western route

OAO Gazprom and China National Petroleum Corp. signed a heads of agreement for gas supply via the western route from Western Siberia to China. The companies had signed a framework agreement on the western route last November (OGJ Online, Nov. 11, 2014).

Gazprom said the western route will not affect the Power of Siberia project, an eastern route for gas delivery from the Irkutsk and Yakutia gas production centers to the Far East (OGJ Online, Oct. 14, 2014).

The HOA was signed May 8 in Moscow by Alexey Miller, chairman of the Gazprom management committee, and Wang Dongjin, CNPC vice-president. Attending were Russian President Vladimir Putin and Chinese President Xi Jinping.

The parties also signed another agreement of strategic cooperation outlining main areas of joint actions in the gas sector; an earlier agreement expired last year.