Feb. 1 (Bloomberg) -- OAO Gazprom, the world’s biggest gas producer, expects a “renewed proposal” from China soon, after failing to sign a contract last year.
“We are waiting for a renewed proposal from our Chinese partners, which we feel will be in the nearest future,” Pavel Oderov, head of Gazprom’s department for foreign business, said during an analyst call today.
Most commercial terms, except price, have been agreed on, Oderov said.
Gazprom, Russia’s gas export monopoly, is still discussing construction of a pipeline along the so-called Western route, which may supply about 30 billion cubic meters.
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