May 12, 2014 / 7:57 AM / in 4 years

Gazprom gas deal with China nearly ready: deputy minister

MOSCOW (Reuters) - Russian Deputy Energy Minister Anatoly Yanovsky said on Monday a long-awaited deal for natural gas producer Gazprom (GAZP.MM) to supply China with gas was close to completion.

    “We hope that the negotiations will be completed as scheduled,” Yanovsky told reporters, a little more than a week before President Vladimir Putin visits China. “The contract is, I would say, 98 percent ready.”

    Gazprom, Russia’s top natural gas producer, has been in talks on gas supplies to China for over a decade. In April, it said it was aiming to finalize the deal this month.

    Reporting by Katya Golubkova, Writing by Lidia Kelly, Editing by Timothy Heriatge

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