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

Gazprom Fires Top Manager for 'Delay' Comments
5.10.2014 20:11
Gazprom Fires Top Manager for 'Delay' Comments
Photo Credit: http://www.gazprom.com

Gazprom has fired a top manager after he told journalists that 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, said that the previous deadline of 2018 was moved to 2020, but he did not disclose any details.

      Gazprom later dismissed the news saying the manager’s statement was misunderstood.

      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:

The Russian Government is Going to Continue Privatization of State Companies
23.12.2018
The Best Varieties of Russian Sparkling Wine
21.01.2019
The Access to Government Subsidies has been Simplified
27.12.2018
Eco-friendly Transportation Campaign
20.01.2019
New Tax Law for Entrepreneurs in Russia Comes into Force
26.08.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Moscow Theatres  Russian transport  Vyazma  Russian parliament  flight discounts  Business in Russia  Karachay-Cherkessia  Transaero  Exhibitions in Moscow  Moscow  Mushrooms  Ural Film Festival  Vyacheslav Sysoev  St. Petersburg  FIFA Russia 2018  Russian roads  Early Man Site   Kandinsky Prize  Vladimir Clavijo-Telepnev  space  Russian regions  Cemeteries  Russian Animation  Valery Gergiev  Sochi Games   Pavel Bazhov  Medvedev  IT  Tragedy  Russian Rock Music  Kuskovo  Russian real estate developers  Russian tourism  travel to Russia  Classical Music  Elvira Nabiullina  Victory Day  Tsaritsyno  Central Bank  Achinsk  Russian Cinema  Valentin Yudashkin  Russian awards  Russian business  Crimean referendum  Festivals in Moscow  Konstantin Makovsky  Lipetsk   Krasnoyarsk Airport  Mercedes-Benz Fashion Week Russia 


Travel Blogs
Top Traveling Sites