Russian gas monopoly Gazprom said the construction project for the
Power of Siberia gas trunkline is ahead of schedule. By 2017, 445
kilometres of its linear part were built. As of early June 2017, some
774 kilometres were ready. Before the end of the year, it is planned to
complete over 1,100 kilometres of the pipeline, which translates into
about a half of Power of Siberia’s priority section stretching from the
Chayandinskoye field in Yakutia to the Russian-Chinese border.
The Gazprom in Eastern Russia, Entry into Asia-Pacific Markets Press
Conference was held in Moscow on June 8 in the lead-up to the annual
General Shareholders Meeting. Gazprom Deputy Chairmen
Vitaly Markelov and
Alexander Medvedev led the meeting.
In accordance with the contract signed between Gazprom and CNPC, gas
supplies to China via the eastern route will start in the period from
May 2019 through May 2021. In May 2017, the parties began to negotiate
the exact starting dates for the said gas deliveries, Gazprom said,
adding that discussions continue over gas to be supplied to China via
the western route and from Russia’s Far East.
It was also noted that the Asia-Pacific region was a traditional LNG
market for Gazprom. Between 2005 and 2016, over 75% of the Group’s LNG
was shipped to the region. In 2016, the Company supplied 2.8 million
tonnes of LNG to Asia-Pacific.
One of Gazprom’s top priorities is to ramp up gas sales in
Asia-Pacific with the help of a third train of the LNG plant within the
Sakhalin II project. It is planned to build a new production train
similar to the two existing trains, with an annual capacity of up to 5.4
million tonnes of LNG.
https://www.neweurope.eu/article/gazproms-power-siberia-pipeline-china-ahead-schedule/