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Looong and Tua Kee gas pipeline from Putin to Xijinping

taksinloong

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https://www.rt.com/business/425067-power-siberia-construction-china/


One of the world's longest gas pipelines from Russia to China almost complete
Published time: 25 Apr, 2018 10:27
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© gazprom.com
  • 18
The construction of the 3,000km Power of Siberia gas pipeline or the eastern route, which is aimed to deliver Russian gas to China, will be completed by the end of the year.
The announcement was made by Deputy Chairman of Gazprom Management Committee Vitaly Markelov, who said: “By 2019, we plan to eliminate technical gaps after testing.”

The Power of Siberia pipeline is one of the biggest projects between Russia and China. Analysts say it could help Russia become one of China's main providers of natural gas as demand in the country increases.

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© gazprom.com
At 3,000km, the pipeline is one of the longest in the world, longer than the distance between Moscow and London.

The pipeline’s first section will run some 2,200km from the Chayandinskoye field (Yakutia) to Blagoveshchensk (Chinese border). The second phase of the project will include the construction of a section stretching for about 800km from the Kovyktinskoye field (Irkutsk Region) to the Chayandinskoye field. The third stage provides for expanding gas transmission capacity between the Chayandinskoye field and Blagoveshchensk.

The deal on the eastern route took more than a decade to negotiate. Last July, Gazprom and the China National Petroleum Corporation (CNPC) inked an agreement to start gas deliveries via the route.

In May 2014, the two companies signed a $400-billion 30-year framework to deliver 38 billion cubic meters of Russian gas to China annually.

Moscow and Beijing plan to build another pipeline – Power of Siberia 2 or the western route – that will deliver another 30 billion cubic meters of Russian natural gas.

According to the head of Gazprom, Aleksey Miller, China’s growing gas consumption, which was more than 200 billion cubic meters in 2016, is soon expected to reach 300 billion cubic meters.
 

taksinloong

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https://www.rt.com/business/425044-gazprom-nord-stream-pipeline-russia/


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Russia ready to build another pipeline & provide Europe with as much gas as it needs
Published time: 25 Apr, 2018 04:26Edited time: 25 Apr, 2018 09:51
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© gazprom.com
  • 741
Gazprom, Russia’s leading natural gas producer, says it's ready to supply as much blue fuel as Europe wants. The company is ready to build the Nord Stream 3 pipeline, if necessary.
"We have proven reserves, we have transport, we are building new transport routes. If Europe is ready… I do not rule out new gas transportation projects – Nord Stream 3, for example," said Gazprom Deputy Chairman of the Management Committee Aleksandr Medvedev in an interview with the Rossiya 24 TV channel.

Read more
Why American LNG is no substitute for Russian gas in Europe
Groningen, the largest gas field in Europe, which is located in the Netherlands, has seen a significant output slowdown, which has resulted in declining European gas production. Gazprom has said it is ready to compensate for the decline with Russian gas.

Gazprom’s exports to Europe amounted to a record high 194.4 billion cubic meters in 2017, an increase of 8.4 percent. The share of Russian gas in the European Union last year increased to 34.7 percent from 33.1 percent in 2016.

Russia has been implementing the Nord Stream 2 project, which intends to double the existing capacity of the Nord Stream pipeline from Russia to Germany. Despite the opposition of the Baltic states, some Eastern European countries and the United States, Gazprom has received permission to build the pipeline.

"Of course, there are opportunities for Russia to supply gas and increase the volume of supplies to Europe,"the head of the center for the study of global energy markets at the Russian Academy of Sciences Vyacheslav Kulagin told RT.

"The competitiveness of Russian gas is high, especially since 2014, as the ruble has strongly weakened against the dollar and the euro, and the costs of extraction and transportation are still in the Russian rubles," added Kulagin.

Brussels has repeatedly said it wants to cut its dependence on Russian gas by building liquefied natural gas (LNG) terminals. However, cheaper Russian gas has shelved most LNG projects.

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© gazprom.com
 
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