According to the forecast made by China Customs, the total deficit of natural gas in 2010 will exceed 30 billion cubic meters. Work to address the problem moves on four fronts: Russia, Turkmenistan, India and Australia. Broadcasts agency Xinhua.

“In October last year, China National Petroleum Corporation and Russia”s Gazprom signed an agreement under which Russia will supply to China annually of natural gas in the amount of 70 billion cubic meters. The route from Western Siberia, Russia plans to export to China of 30 billion cubic meters annually, from Eastern Siberia, Far East and Sakhalin - 38 billion cubic meters, “- said the executive director of the Petroleum Corporation Han Xiaoping.

He nfd0oted that Russia wants to establish a link with an Asian oil basket, but this price is usually higher than the European market. The parties are currently unable to agree on the coefficient of linkage.

things most successfully with the talks in Turkmenistan. The representative of the Department for Natural Gas Market Institute of Design and Exploration of oil and gas cables Academy nefteproektirovaniyu Benxiang Zheng said that on 17 January this year, the western section of the second line for the transfer of natural gas from West to East was officially opened. It is expected that in 2012 30 billion cubic meters of natural gas from Turkmenistan annually will come to China. This amount equals 40% of the total natural gas production in China.

In the Central Asian pipeline, another pipeline “China-Burma” in the south-western China is under construction. The designed annual throughput capacity will reach 12 billion in size.

“With regard to cooperation with Australia, the situation is at the stage of signing contracts. price of LNG in the international market is stable, so this year is planned to sign two contracts for the delivery of liquefied natural gas”, - said Zheng Benxiang.

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