“Gazprom” has changed the plans of construction of gas pipeline to China

Installation works on the gas pipeline “Power of Siberia”

The planned volume of construction in 2016 of the gas pipeline “Power of Siberia” for gas supplies to China cut in half from 800 to about 400 km. this was stated on Thursday, April 19, Deputy transference of “Gazprom” Vitaly Markelov. According to him, this is due to the reduction of the investment program of monopoly.

Despite the decline in construction this year, “Gazprom” plans to finish the pipeline by 2018, as planned, said Markelov. The construction “Forces of Siberia” attracted “Stroytransgaz”, “stroygazconsulting”, “SGM”, “Neftegazstroy” construction companies of Yakutia involved in the construction of the ESPO pipeline. To start gas supplies to China, according to Markelov, will need to build 2158 km pipeline from Chayanda to the Chinese border near Blagoveshchensk.

Markelov did not say how much the reduced cost of construction “Forces of Siberia” in the current year. Informed investor day the company announced, in 2016 for these purposes there will be approximately 90 billion rubles.

“Gazprom” and Chinese CNPC signed a contract for the construction of “Forces of Siberia” in may 2014. The pipeline length will be about 3.2 thousand km “Power of Siberia” will construct eight compressor stations. “Gazprom” in its submission, the estimated cost of the entire pipeline to 800 billion roubles in the prices on January 1, 2011. The realization of the project Power of Siberia, including the construction of the pipeline and infrastructure of the East Siberian deposits, and in may 2014 was estimated at $55 billion in the Summer of 2014, the head of the presidential administration Sergei Ivanov said that the project would cost $60-70 billion.

Gas supplies to China through the pipeline “Power of Siberia” to begin in 2018 in the amount of 5 billion cubic meters a year, and then grow to 38 billion cubic meters per year. The first section of “the Power of Siberia pipeline Chayanda Lensk with a length of 208 km in March 2015, without competition gave “Stroytransgaz” Gennady Timchenko. The contract amount was not disclosed

According to Markelov, Gazprom how to cope with the construction and filling of the pipe with gas, despite appeals of independent gas producers, which would also supply gas to the Power of Siberia. In April RBC sources in “Rosneft” reported that the company is in talks with Beijing Gas Group on gas supplies to China, srednebotuobinskoye, or Verkhnechonskoye, Yurubcheno-Tokhomskoye fields of Rosneft in Eastern Siberia.