US$25b prepayment agreed in deal
Source: Agencies |
May 24, 2014, Saturday
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Print Edition
Print Edition
RUSSIA and China have agreed on a US$25 billion prepayment under a supply deal signed earlier this week, Alexander Medvedev, chief executive of Gazprom Export, said yesterday.
“A prepayment has been agreed, agreed in principle, details are being discussed. It’s US$25 billion,” Medvedev said on the sidelines of the St Petersburg International Economic Forum.
The two nations signed a 30-year US$400 billion gas supply contract earlier this week.
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