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Minister: Gazprom Gas Deal with China Nearly Ready

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Reuters

MOSCOW, May 12 (Reuters) – 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 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.

(Reporting by Katya Golubkova, Writing by Lidia Kelly, Editing by Timothy Heriatge)

Copyright 2014 Thomson Reuters. Click for Restrictions.

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