Rosneft and Beijing Gas can build in the Russian CNG filling stations

© RIA Novosti / Alexei Danceparty in fotomonster at the stand of OJSC NK Rosneft on platform IV of the Eastern economic forum in VladivostokRosneft and Beijing Gas can build in the Russian CNG filling stations© RIA Novosti / Alexei Danceparty the image Bank

«Rosneft» and the Chinese Beijing Gas have agreed on the principal terms of a joint venture, in which can work together to build in Russia 160 gas filling stations, reported the largest Russian oil company.

Rosneft and Beijing Gas Group Company Limited within the framework of IV international economic forum signed an agreement stipulating the basic conditions of creation of joint venture on construction and operation of the network of automobile gas-filling compressor stations (AGFCS)», — stated in the message.

Under the agreement the parties plan to build in Russia for more than 160 CNG filling stations, also discussed the possibility of using LNG as a motor fuel.

«We hope that the experience of Beijing Gas for the construction and operation of CNG filling stations in the competitive market of China will help in the implementation of such project in Russia. In addition, the agreement signed today will allow us to deepen the strategic partnership with Beijing Gas» — are the material words of the head of «Rosneft» Igor Sechin.

Beijing Gas Group Company Limited is a part of group companies of Beijing Enterprises Group Limited is a leading company in the field of supply of natural gas, construction of gas infrastructure and power generation in the Beijing region. The company manages more than 20 gas projects in the PRC and is the owner of the marine terminal for the storage and handling of LPG in Guada design capacity of 6 million tons per year.

Fourth Eastern economic forum will be held at the site of the far Eastern Federal University campus on the Russian island on September 11-13. MIA «Russia today» is the General information partner of the WEF.

Rosneft and Beijing Gas can build in the Russian CNG filling stationsIV international economic forum