Russia’s gas major Gazprom has started a feasibility study for its Power of Siberia-2 pipeline project, according to Reuters.
Power of Siberia-2 pipeline is a project that would pump up to a yearly 50 billion cubic metres (bcm) of natural gas to China per year via Mongolia.
The initial pipeline was launched in 2019. The 3,000-km-long (1,865 mile) Power of Siberia pipeline will transport gas from the Chayandinskoye and Kovytka fields in eastern Siberia, a project that is expected to last for three decades and to generate $400 billion for Russia. The pipeline emerges in Heilongjiang, which borders Russia, and goes onto Jilin and Liaoning, China’s top grain hub.