Take-or-pay contract between Gazprom and CNPC
Edited by Rhod Mackenzie / 2014-05-28 07:08:57
The contract of “Gazprom” and Chinese CNPC includes take-or-pay conditions. The Russian holding states.
Earlier the companies signed a long-term contract, under which Russia is to supply 38 billion cubic meters of gas a year during 30 years. The sum of the contract makes up $400 billion.
