Gazprom suggested China reconsider prices by the Western route
Edited by Rhod Mackenzie / 2015-09-07 03:05:27
China Oil and Gas Russia China Oil and Gas Power of Siberia (Sila Sibiri) Russia Oil and Gas Gazprom Pipelines
The company says that the contract with China by the eastern route is not loss making at the current oil prices. After the fall of oil prices Gazprom thinks of the reconsideration of the gas supply contract to China by the Western route, CEO of “Gazprom export”, E. Burmistrova, said. We are negotiating, including on the price. There have been dramatic changes in the market recently, and thus we haven’t yet agreed on the price. But we are able to find a compromise. We have various ideas, she said.