Gas price for China is over $350, Gazprom
Edited by Rhod Mackenzie / 2014-05-23 12:32:43
The price for natural gas for China is more than $350 per 1 thousand cubic meters, thedeputy chairman of the Board of Management of “Gazprom” A.Medvedev said.
Analysts forecasts $350-390 per 1 thousand cubic meters.
Gazprom and Chinese CNPC signed a contract on a supply of 38 billion cubic meters of gas a year to China during 30 years. The total cost of gas supply to China will make up $400 billion. This is the largest contract for Gazprom. The gas price is attached to the cost of oil and oil products. The deliveries can start in 4-6 years
