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‘Gazprom gas deal with China nearly ready’

Moscow - Russian Deputy Energy Minister Anatoly Yanovsky said on Monday a long-awaited deal for natural gas producer Gazprom to supply China with gas was close to completion.

“We hope that the negotiations will be completed as scheduled,” Yanovsky told reporters, a little more than a week before President Vladimir Putin visits China.

The company logo of Russian natural gas producer Gazprom is seen on an advertisement installed on the roof of a building in St. Petersburg, November 14, 2013. Credit: Reuters

“The contract is, I would say, 98 percent ready.”

Gazprom, Russia's top natural gas producer, has been in talks on gas supplies to China for over a decade.

In April, it said it was aiming to finalise the deal this month. - Reuters

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