China started Power of Siberia pipeline construction

Russia and China clinched a $400-billion gas deal last year, which requires construction of the pipeline.

China started Power of Siberia pipeline construction

World Bulletin / News Desk

China has started pipeline construction last week to receive Russian gas from the Power of Siberia pipeline, Russian state gas company Gazprom said on Tuesday.

Russia and China clinched a $400-billion gas deal last year, which requires construction of the pipeline. It requires $55 billion in investment for the Russian part only, including bringing on stream new gas fields.

Gazprom also said that talks on the so-called Western route which would connect operating fields with China were moving forward at a good pace.

Güncelleme Tarihi: 02 Haziran 2015, 11:02
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