Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
Russian Defense Ministry reports 70% of eastern Aleppo under control of Syrian armyWorld December 07, 20:21
Moscow slams Polish FM's remarks on NATO-Russia Council meeting — sourceRussian Politics & Diplomacy December 07, 20:12
IOC extends doping-related sanctions against RussiaSport December 07, 19:35
Russian oil companies back Energy Ministry proposal on limiting oil production — ministerBusiness & Economy December 07, 18:42
Syrian troops take full control over 47 quarters of eastern Aleppo — ministryWorld December 07, 18:36
Sberbank head expects oil and gas prices to continue to fallBusiness & Economy December 07, 18:26
Russian sappers start clearing eastern Aleppo from minesMilitary & Defense December 07, 18:17
MOSCOW, November 30. /TASS/. Gazprom announced tender for the construction of four sections of the pipeline Power of Siberia for a total length of 822 km in the amount of 156 bln rubles ($2.35 bln), the company said Monday.
The construction will involve subcontractors from small and medium-sized businesses, as indicated in the documents.
The Power of Siberia is a gas transportation system to deliver gas from the Yakutsk and Irkutsk gas production centers in Siberia to Russia’s Far East and China. Its planned capacity is 61 billion cubic meters per year. The pipe’s total length is 3,968 km. The estimated construction cost is $21.3 bln. The pipeline route will run along the existing route of the Eastern Siberia - Pacific Ocean oil pipeline.
On May 21, 2014, Gazprom and China National Petroleum Corporation (CNPC) signed a $400 bln contract on gas supplies to China along the eastern route in the next 30 years.
The Eastern route envisages supplies of 38 bln cubic meters of Russian gas annually via the Power of Siberia pipeline. First gas exports to China are scheduled for 2019.