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Russia to buy $1.5 billion worth of pipes to develop Arctic projects & pump gas to China

RT | June 7, 2020

Russia’s energy major Gazprom has announced a record tender to purchase almost 100 billion rubles worth of pipes ($1.5 billion) for its natural gas projects, including the Power of Siberia mega pipeline.

Deliveries are expected to start this year and continue till the end of 2022, according to the data published on state trading platforms. They will be overseen by Gazprom Invest, the company arm in charge of its largest investment projects.

Around 1.3 million tons of pipes are meant to be used for both domestic gas routes and supplies to Russia’s trading partners. According to Russian media, some deliveries are meant for the Power of Siberia pipeline, the largest gas transmission system in Russia’s East. While the project, meant to annually deliver 38 billion cubic meters of gas to China, has been operational since the end of last year, Gazprom plans to connect one more gas field to the pipeline by the end of 2022.


© gazprom.com

While it is not clear how much of the purchases are meant for the Russian-Chinese project, part of the supplies will go to the Ukhta–Torzhok and the Bovanenkovo–Ukhta gas trunklines. The two lines are connected, with the latter conveying gas from Siberia’s Yamal Peninsula into Russia’s Unified Gas Supply System. From Torzhok, gas is delivered to northwestern Russia to cover domestic demand and further into Europe.

June 7, 2020 - Posted by | Economics |

3 Comments »

  1. A lesson for the war-mongers on Capitol Hill. Not only will these pipelines be less easily sabotaged than the Nordstream line via the Baltic outside Russia but should engender a commonality between Russia and China which may prove an even more powerful challenge to the neo-Con Cold War plot. Let us pray our government does not side with the plotters.

    Liked by 2 people

    Comment by jbthring | June 7, 2020 | Reply

  2. Massive/ambitious project; lots of materiel, construction equipment, engineering, building consortiums will need close coordination/timing/cooperation…far beyond my ability to contemplate. (Maybe this delivery system will be extended anon, with Japan and the Korean Peninsula linked in?–could be a major energy/geopolitical/economic driver….)

    Liked by 1 person

    Comment by roberthstiver | June 7, 2020 | Reply

    • You can bet your life that the Pentagon will be making precise satellite records of the exact route of the pipeline(to the nearest centimeters), should the information be needed at a later date’……..

      Liked by 1 person

      Comment by brianharryaustralia | June 7, 2020 | Reply


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