Gazprom, ICBC discuss financing

Gazprom discussed possible trade and corporate financing along with bond issues with Industrial and Commercial Bank of China (ICBC), one of the world's biggest, the Russian state-controlled gas company said in a statement.

In May, Gazprom has signed a $400 billion gas deal to supply China with gas over 30 years. The pipeline system is yet to be built. Gazprom noted that bond issues could be carried out in offshore yuan while both firms also discussed arranging payment settlements in ruble and yuan.