Russia's Gazprom steadily supplies natural gas to China via the "Power of Siberia" pipeline, often exceeding contractual obligations.
¬ Chairman of CNPC discusses prospects for strategic cooperation in the natural gas sector with CEO of Gazprom
¬ Deputy Finance Minister of Kyrgyzstan: Shanghai Cooperation Organization Development Bank planned to launch in 2028
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Gazprom stated that natural gas deliveries from Russia to China via the "Power of Siberia" pipeline remain stable and frequently exceed the company’s contractually obligated volumes.
The message indicates that during their meeting in Beijing, Gazprom CEO Alexey Miller and Chairman Dai Houliang of China National Petroleum Corporation discussed prospects for strategic cooperation in the natural gas sector.
The message further states: "It also noted that deliveries of Russian natural gas via the eastern route ('Power of Siberia' pipeline – editorial note) remain stable and often exceed Gazprom’s contractual obligations."
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According to Gazprom, during their meeting in Beijing, Gazprom CEO Alexey Miller and Chairman Dai Houliang of China National Petroleum Corporation (CNPC) discussed prospects for strategic cooperation in the natural gas sector.
The statement said: "Gazprom CEO Alexey Miller held talks with Chairman Dai Houliang of China National Petroleum Corporation. The two sides discussed prospects for strategic cooperation in the natural gas sector."
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Kyrgyzstan's Deputy Finance Minister Nurbek Akhloev said the Shanghai Cooperation Organization (SCO) Development Bank is planned to be launched within two years.
Speaking to reporters at the SCO meeting of finance ministers and central bank governors, he said: "Yesterday we held the third round of consultations on establishing the SCO Development Bank. This work will continue over a period of two years."
He added that an interim secretariat has been established for setting up the SCO Development Bank and a three-year roadmap has been developed.
Akhloev also pointed out that the SCO Development Bank will enable member states of the SCO to implement large-scale transnational projects, improve infrastructure through more favorable financing terms, and enhance people's livelihoods. The leaders of SCO member states adopted a declaration following the Tianjin Summit in September 2025, reaffirming the importance of establishing the SCO Development Bank and deciding to proceed with setting it up while beginning consultations on a series of operational issues related to this financial institution.
Source: sputniknew
Original article: toutiao.com/article/1866529801830475/
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