China Starts Construction on Pipeline to Bring in Russian Gas

China Starts Construction on Pipeline to Bring in Russian Gas

Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China.

Gazprom said on June 2 that Beijing had begun its part of construction on the Power of Siberia pipeline last week.

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

Last year, Russia and China signed a $400 billion gas deal, which requires construction of the pipeline.

It requires $55 billion in investment for the Russian part only, including bringing new gas fields onstream.

Source: Radio Free Asia

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