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      2. The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        PetroChina Suspends Natural Gas Contract with Russia

        Pubdate:2015-08-03 09:35 Source:yueyue Click:

        The China National Petroleum Corporation, PetroChina, has reportedly decided to back-out of its contract with Russian gas giant Gazprom in the construction of a natural-gas pipeline.

        The pipeline, the contract for which was signed in December, was to be built through Xinjiang.

        Reports out of Russia are suggesting the deal has been scuttled because of the high prices being demanded by Gazprom, as well as the slowdown in demand for natural gas here in China.

        The cancelling of the pipeline project has reportedly not affected the construction of a different pipeline from Russia coming into China, known as the eastern route.

        It's construction began last month.

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