BLBG:Gazprom Seeks $40 Billion Advance Payment in China Deal, Vedomosti Reports
OAO Gazprom may be seeking an advance payment of as much as $40 billion against future deliveries of gas to China, Vedomosti reported, citing unidentified people close to the Russian gas export monopoly and Russia’s government.
The proposed payment would be made between 2012 and 2015 for deliveries over 30 years, starting from 2015-2016, the newspaper said.
To contact the reporter on this story: Jack Jordan in Moscow at jjordan22@bloomberg.net
To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net
