8 Apr 2010 13:17

Gazprom and CNPC to determine locations for development of gas production in Eastern Siberia by end of 2010

MOSCOW. April 8 (Interfax) - Gazprom and China's CNPC will determine the sites for the construction gas and gas chemical refinement facilities in Eastern Siberia by the end of 2010, the Deputy Chairman of Gazprom's management committee, Valery Golubev, said at the forum Russia's Fuel and Energy Complex in the 21st Century held on Thursday in Moscow.

By year's end, the partners will also decide on the size and area of production sales from these facilities.

He said that the Chinese side is offering Gazprom its financial resources, technology and involvement in the development of production facilities.

The Chinese company "has been involved in the fight for all [gas] that could be produced in Eastern Siberia, and not only gas, but also gas chemical products," Golubev stressed.

He also said that the Gazprom and CNPC should determine the main markets for sales of gas, petroleum products and gas chemicals produced in Eastern Siberia by the end of the first half of 2010