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