OREANDA-NEWS. A working meeting between Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Wang Dongjin, Vice President of CNPC, took place in Beijing yesterday.

The parties discussed the progress in the project for the supply of Russian gas to China via the eastern route, particularly the construction of the Power of Siberia gas trunkline.

Background

CNPC is China's state-owned oil and gas company and one of the world's leading integrated energy companies.

On May 21, 2014, Gazprom and CNPC signed the Sales and Purchase Agreement for gas to be supplied via the eastern route (Power of Siberia gas pipeline). The 30-year Agreement provides for gas deliveries to China in the amount of 38 billion cubic meters per year.