RUSSIA: Russian firm Gazprom and China's CNPC sign an agreement as country leaders meet on sidelines of the G20 summit

Record ID: 861093

  • Title: RUSSIA: Russian firm Gazprom and China's CNPC sign an agreement as country leaders meet on sidelines of the G20 summit
  • Date: 5th September 2013
  • Summary: ST. PETERSBURG, RUSSIA (SEPTEMBER 5, 2013) (RUSSIAN POOL) VARIOUS OF CHINESE PREMIER XI JINPING GREETING RUSSIAN DELEGATION XI SITTING DOWN, THEN RUSSIAN PRESIDENT VLADIMIR PUTIN SITTING DOWN AND SPEAKING CHINESE DELEGATION LISTENING XI SPEAKING VARIOUS OF MEETING IN PROGRESS WIDE OF ROOM WHERE SIGNINGS TAKE PLACE VARIOUS OF PUTIN AND XI WALKING IN AUDIENCE VARIOUS OF GAZPROM CEO ALEXEY MILLER AND CNPC CEO YONGYUAN LIAO SIGNING AGREEMENT PHOTOGRAPHERS PUTIN AND XI LEAVING
  • Embargoed: 20th September 2013 13:00
  • Keywords:
  • Location: Russian Federation
  • City:
  • Country: Russia
  • Topics: Business,Industry,Politics,Energy
  • Reuters ID: LVA637CJTSUP4DICXKAZEO5CRNPO
  • Aspect Ratio:
  • Story Text: Russia's top gas producer Gazprom and China's CNPC signed a long-awaited gas export contract on the sidelines of the G20 summit on Thursday (September 5), a Reuters correspondent reported from a signing ceremony.
    The agreement, signed by heads of the Gazprom and CNPC in attendance of presidents Vladimir Putin and Xi Jinping, contained basic terms of supplies.
    Gazprom first signed a memorandum of understanding with China in 2006 to ship up to 68 billion cubic metres of gas to China per year via two routes, but talks on finalising a deal have hit repeated delays.
    Putin and his Chinese counterpart also met for bilateral talks ahead of the signing.
    The ongoing crisis in Syria is set to overshadow the meeting of world leaders on Thursday and Friday (September 6) which Putin is hosting in a tsarist palace outside St. Petersburg.
    Russia and China have used their veto power in the U.N. three times to block resolutions condemning Syrian President Bashar Al-Assad's government and threatening it with sanctions.
    China's deputy finance minister warned on Thursday that a military strike on Syria would hurt the global economy, in particular by causing oil prices to rise, and reiterated its calls for a political solution to the civil war.
  • Copyright Holder: POOL (CAN SELL)
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