Gazprom a $400bn deal between Gazprom and CNPC. Under the contract, Russia was to supply 38 billion cubic meters of gas annually over 30 years at a cost of $350 per thousand cubic meters beginning in 2018. During the first half of 2018, Gazprom increased its export about 8.7%. In 2013, the average price of Gazprom’s gas in Europe was about $380 per thousand cubic meters. China offered a loan of about $50bn to finance development of the gas fields and the construction of the pipeline by Russia up to the Chinese border, with the Chinese to build the remaining pipeline.
Gazprom Armenia announced, that Gazprom will buy additional ARG-shares and then controls 58% of the companies equity capital. On 27 October 2006 Gazprom's Executive Board approved acquire additional issues of ARG, which is most likely part of April's controversial deal. According to Karen Karapetyan, Gazprom will pay $118.8 million to have the commanding share of ARG. In January 2014 Gazprom agreed to purchase another 20% of ARG bringing Gazprom's ownership to 100% of the company. The company was renamed Gazprom Armenia. The agreed was signed by Chairman Alexey Miller (Gazprom) and Armenian Minister of Energy and Natural Resources Armen Movsisyan. Since Armenia