Gazprom May Drop Vladivostok LNG Project

Russia's state-controlled gas company Gazprom may drop its Vladivostok LNG project in Russia's Far East in favour of pipeline gas supplies to China, the firm's Chief Executive Alexei Miller told reporters on Monday.

"We will study the question of supplying pipeline gas from the Vladivostok area to China. This could really be a complete alternative to the project Vladivostok LNG," Miller said, adding that Gazprom could supply 15 billion cubic metres (bcm) of gas per year to China on top of earlier agreed volumes.

Russia and China agreed earlier this year that Gazprom would supply gas to China via the yet to be built Power of Siberia pipeline, which is expected to carry 38 bcm of gas to China per year.

(Reporting by Vladimir Soldatkin; Writing by Katya Golubkova; Editing by Alexander Winning)