Medvedev can not wait to pump gas, China

Moscow and Beijing this year have to agree the basic terms of supplies of Russian gas to China and work toward harmonization is necessary accelerate, said President Dmitry Medvedev. "At the moment we are ready to begin work on these two areas (energy supplies to China via east and west directions). We discussed this issue: that in order to intensify the work between the companies and agencies, respectively, the two countries to quickly agree on the terms of gas supplies to western route, and later - on the east. In fact, we are talking about the current year as agreed baselines "- he said. According to the president of Russia, if Russia and China to agree on the price parameters, in what he no doubt will be assumed that the main issue is cleared." We believe that now is the most important energy issues between the two countries. Positions closer together. I hope that consensus will be found, "- said Medvedev. It was reported that Gazprom and China National Petroleum Corporation (CNPC) have created a working group on commercial and technical conditions of the contract on Russian gas supplies to China, which is expected to sign in the middle of this year. Earlier, Gazprom deputy chairman Valery Golubev, expressed confidence that an agreement with the Chinese side for the price of gas will be achieved. The basic version of the supply route for today is a natural gas pipeline "Altai". A paper on the basic conditions of supply of Russian gas to China was signed on 27 September 2010 on the basis of Russian-Chinese negotiations held during the visit of China President of the Russian Federation. It recorded the key commercial parameters of future supplies of Russian natural gas to the market of China on the western route: the volume and timing of the beginning of exports, the level of "take or pay, the period of increasing supply, the level of guaranteed payments. This document is legally binding. The signing of the export contract is expected in mid-2011. The shipments scheduled for the end of 2015. Under the agreement the contract period of 30 years, the volume of supply - 30 billion cubic meters. m per year. The cost of the pipeline project "Altai", which would connect gas fields in western Siberia and China, estimated at $ 14 billion Gazprom CEO Alexei Miller said that holding talks and China's gas supply is in the final stage, therefore Russian companies are ready to start building a gas pipeline in mid-2011 and finish it by the end of 2015. Ministry of Industry