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

Gazprom Dismissed China Pipeline Delay Rumours
5.10.2014 10:08
Gazprom Dismissed China Pipeline Delay Rumours
Photo Credit: http://www.gazprom.com

Gazprom has dismissed an earlier report that the deadlines for the Power of Siberia pipeline, an ambitious pipeline project that is supposed to bring Russia's natural gas to China, have been delayed

      Earlier, Viktor Selin, deputy head of the Chayanda Office of Gazprom Dobycha Noyabrsk, Gazprom’s subsidiary, told journalists that the previous deadline of 2018 was moved to 2020, but he did not disclose any details.

      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.

      Many analysts have questioned the project’s profitability for Moscow for at least the first several years of operations.

      According to the Guardian, “the Chayanda and Kovykta gas fields are in the depths of eastern Siberia. The ‘strength of Siberia’ pipeline that will bring the gas to China through Vladivostok will run 4,000km (2,500 miles) through swampy, mountainous and seismically active areas.”

       




Author: Mikhail Vesely

Tags: Gazprom     

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit


Ïàðòåð


TAGS:
Russian mobile operators  Russian Cinema  Engraving  Grigory Oster  Vnukovo airport transfer  Legal Services in Russia  Russian bureaucracy  Moscow  Solovki  Mercedes-Benz Fashion Week Russia  Czech Airlines  Alexander Pushkin  Spacecrafts  Russian sports  foods import ban  Russian church  Russian business  Amur tigers  Russian science  Kremlin  hooliganism  Bolshevik  Sergei Magnitsky  EcoBattle  Russian judo  Resources  Patriarshiy Garden  human rights  Hermitage Museum  Russian tourism  Best-selling Books  Photography  St. Petersburg  Russian economy  Kurban Berdyev  Russian cuisine  Russian oil companies  Bui  Russian oil and gas industry   Gelendzhik  poll  health  Belorussky Railway Station  Sand Sculptures  Exhibitions in Moscow  Online Exhibitions  Boris Nemtsov  Russian politics  Actors  Russian scientists 


Travel Blogs
Top Traveling Sites