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News // Oil and gas worldwide

The Chinese in Yakutiya

22 February 2001 , 09:10363
The delegation of the Chinese National Petroleum Corporation (CNPC) came to Yakutiya to discuss the project of delivery of the Yakutiya gas to China. The delegation consider the issues of marketing of the Yuakutian gas.
The agreement about the project`s major issues was signed in July, 2000 and the parties had already confirmed the list of the Yyakutian gas resources, which would be used for the organization of the project.
The authorities of Yakutia say the first deliveries of gas are likely to begin in 2005, although neither its engineering project, nor the sources of financing have been defined yet.

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