China Petroleum Group and Russia's Natural Gas Industry Co., Ltd. signed a supplementary agreement for the China -Russia East Line Natural Gas Purchase and Sale Agreement.
According to the official website of China Petroleum, on September 6, during the seventh Oriental Economic Forum, Dai Houliang, chairman of China Petroleum Group, held video conferencesCooperate to communicate.
During the meeting, the two parties signed a supplementary agreement for the China -Russia East Line Natural Gas Purchase and Sale Agreement.
Russia is a global natural gas exporter. Before the Russian and Ukraine War, about 47 % of the EU's natural gas came from Russia.After Russia invaded Ukraine in February this year, the "Beixi No. 1" pipeline to the European gas supply began to reduce production.On September 2nd, Russia suspended the pipeline indefinitely on the grounds of multiple equipment failures.
