Until the end of 2013 Gasprom intends to sign a contract to deliver gas to China, confirmed Gasprom President Aleksei Miller.
“This is our goal,” he told journalists and when asked if Gasprom is more confident after the talks in Peking, he said we have a formula and we have made a decision.
It was earlier reported that until end of 2013 Gasprom and Chinese National Petroleum Corporation (CNPC) plan to sign the contract to deliver gas via the eastern route. Russian Energy Minister Alexander Novak said that Gasprom and CNPC have already agreed on the formula of the price and they have been discussing conditions of technical deliveries. Russian Energy Minister hopes that if the contract is signed this year, the deliveries could start in 2018-2020 reaching a maximum volume of 38 billion cub.m. of gas a year.—0—
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review