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Gazprom hosts CNPC for gas talks

MOSCOW, Dec. 9 (UPI) -- Officials from the China National Petroleum Corp. arrived in Moscow to discuss securing natural gas supplies from Russian energy giant Gazprom.

Alexander Ananenkov, deputy chairman of Gazprom's management committee, met with CNPC Vice President Wang Dongjin to discuss the terms of an October agreement setting the conditions for Russian gas supplies to China.

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Both companies in October signed a framework agreement on the terms and conditions for gas supplies. Gazprom and CNPC signed a strategic cooperation agreement in 2004 on a variety of joint ventures related to Russian gas deliveries.

Deliveries of Russian gas would travel through a western corridor to China, Gazprom said.

The parties to the Moscow negotiations added terms were discussed to develop joint gas processing and gas chemical projects in eastern Russia and in other countries.

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