Gazprom, CNPC to Sign Western Route Gas Supply Deal

Russia’s Gazprom plans to sign a 30-year gas supply contract with China via the western route, the company's CEO Alexei Miller said Wednesday, Xinhua reported.

"Gazprom plans to sign a contract to supply China with 30 billion cubic meters of natural gas via western route over thirty years," Miller told President Vladimir Putin during their meeting in Moscow.

Gazprom and CNPC are expected to ink the 30 year contract in November, Xinhua added.

The China-Russia West Route natural gas pipeline project connects gas deposits in Western Siberia and the northwestern part of China via Russia's Altai region.

Miller also said Gazprom might consider more than doubling the volume of supply.

In May this 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.