Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Gazprom Launched Construction of China Gas Pipeline
9.09.2014 22:41
Gazprom Launched Construction of China Gas Pipeline
Photo Credit:

Gazprom, Russia's gas giant, has launched the construction of the Power of Siberia, an ambitious pipeline project that is supposed to bring Russia's natural gas to China.

      In May, Gazprom signed an historic deal with China on natural gas supplies that will help the country to diversify its exports.

      According to a source at Gazprom quoted by the Izvestia daily, the price is be set at $350-380 per thousand cubic meters of gas.

      Gazprom is now building a pipeline to fulfill its 30-year contract for the supplies of 38 billion cubic meters of gas that could bring Russia some $400 billion.

      The price is on par with what European customers currently pay, which could mean that amid the EU’s calls for diversification of its imports the eastward shift for Russian supplies will be quite easy to accomplish.


Author: Mikhail Vesely

Tags: Gazprom     

Next Previous

You might also find interesting:

The Number of Individual Entrepreneurs in Russia has Exceeded the Number of Companies
The United States and Saudi Arabia Surpassed Russia in Terms of Oil Production Volume
The Online Grocery Delivery Market Grew by 50% in Russia
Oil Producers Expect to Raise the Amount of Compensation for the Regulation of Domestic Petrol Prices
Amendments to the Law On Currency Regulation and Currency Control have been Drafted

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian tourists  Samara  Illiteracy  Russian Film Distribution  Russian football team  Archeological Finds  Russian National Parks  Alexei Uchitel  Russian Railwys  Sundance  Russian history  Konstantin Bogomolov  Moscow Museum of Modern Art  Russian television  Doctor Aybolit  Federal Service for Consumer Protection and Welfare  Russian law  Republic of Bashkortostan  Yury Yakovenko  Moscow actions  Year of Literature  Monuments  Aeroflot  St. Petersburg  Big Book Award  Russian tourism  Theatres of Perm  Media Markt  Russian Cinema  Arkhangelsk region  Mercedes-Benz Fashion Week Russia  Festivals in Moscow  Communists   Russian ballet  Russian hockey  Cyrillics  Orthodox Christianity  Nanophotonics  human rights  holidays  Sheremetyevo  Russian Literature  Vsevolod Meyerhold  Moscow  Russian retirees  Yaroslavsky Railway terminal  Russian business  Russian Rock  Exhibitions in Moscow  Architecture Monuments 

Travel Blogs
Top Traveling Sites