Others News
- China,Russia reach gas pipeline price deal
Date: 19-Nov-2007 Sources: (Shenzhen Daily)
CNPC and Gazprom have agreed a gas pricing deal that should unlock a major pipeline plan, but it may come at a higher cost than the Chinese Government wanted, the Xinhua agency cited a Russian executive saying Saturday.
Alexander Medvedev, Gazprom's deputy chairman, said the two sides had reached consensus on the pricing mechanism for fuel pipe from Russia to China after months of wrangling that had held up the start of work. However he added that negotiations 'would not be influenced by China's low natural gas import prices,' Xinhua said.
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