Bloomberg News

Gazprom Technicians Visit Chinese Shale-Gas Field to Boost Ties

July 17, 2012

OAO Gazprom sent technical experts to a Chinese shale-gas deposit owned by China National Petroleum Corp., boosting cooperation even as a supply contract stalls.

The two state-controlled energy producers have agreed on a series of visits by Gazprom personnel to CNPC’s shale-gas fields, the Russian company said today in an e-mailed statement.

Gazprom has been discussing a contract with CNPC to supply Russian gas by pipeline to China since at least 2004. The deal has stalled amid disagreements over prices.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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