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Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China, Russian Deputy Prime Minister Alexander Novak was ...
Mongolia won't fund the Siberia-2 pipeline for the next four years, Radio Free Europe reports. The natural gas pipeline is an ambitious project to deepen trade between Russia and China.
The designed capacity of the pipeline would be 30 billion cubic meters (bcm) natural gas annually and the total costs of the whole project is expected to be up to US$14 billion. The pipeline was originally expected to become operational in 2011. [1] The pipeline will be built and operated by TomskTransGaz, the subsidiary of Gazprom. [2]
Power of Siberia (Sila Sibiri, formerly named the Yakutia–Khabarovsk–Vladivostok pipeline, also known as China–Russia East-Route Natural Gas pipeline; Russian: Сила Сибири, Chinese: 中俄东线天然气管道; pinyin: zhōng é dōng xiàn tiānránqì guǎndào) is a Gazprom-operated pipeline in Eastern Siberia that transports natural gas from Yakutia to Primorsky Krai and China.
The 1,100 kilometres (680 mi) gas pipeline is to connect the Bovanenkovo gas field with the Russian gas hub at Ukhta. First deliveries of over 15 bcm per year were originally expected to start by the end of 2011, [ 2 ] but actual pipeline filling with natural gas started on 15 June 2012.
The European Union signed a new gas deal with Azerbaijan Monday to double imports of natural gas by 2027 to at least 20 billion cubic meters.
The proposed western gas route from Russia's West Siberian petroleum basin to North-Western China is known as Power of Siberia 2 (Altai gas pipeline). [ 112 ] In 2022, China's imports of discounts of up to 30% oil from Russia rose 55% in May, Russia displaced Saudi Arabia as China's biggest oil provider in recent months.
The proposed western gas route from Russia's West Siberian petroleum basin to North-Western China is known as Power of Siberia 2 (Altai gas pipeline). [ 33 ] In 2022, Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin planned for Turkey to become an energy hub for all of Europe. [ 34 ]