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Thursday, April 24, 2014

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Russia, China Gas Deal Likely in May

Gazprom is likely to finalise an agreement on Russian natural gas supplies to China in two months, company’s deputy CEO Valery Golubev told reporters Thursday, reports Russia’s RIA Novosti. "We are in talks with Chinese partners, we have determined a price formula and volumes and can possibly...

Total, CNOOC to Strengthen LNG Cooperation

Total and China National Offshore Oil Corporation (CNOOC) have signed an agreement to strengthen cooperation in the field of LNG. “Under the terms of an existing 15 year contract, Total has been supplying China with up to 1 million tons per year of LNG since 2010. In addition to agreeing on a...

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