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Russian Deputy Prime Minister Alexander Novak revealed that his country and China will soon sign an agreement on natural gas supplies from Russia to China via the Far East route.
According to Tass agency, Novak said in a television interview today, after the meeting of the Russian-Chinese government committee: An agreement has been signed between “Gazprom” and the Chinese National Oil and Gas Company regarding the supply of another 10 billion cubic meters of gas through the Far East route, and in the near future we must sign an agreement. intergovernmental organization on this project.
Novak indicated that the volume of trade exchange between Russia and China in the energy sector increased by 64 percent in monetary terms and by 10 percent in physical terms.
With regard to trade between Russia and China, Novak said: Moscow and Beijing are turning to settlements in national currencies in energy supplies, and that the ruble and yuan are already being used in gas payments.
