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15 Sep, 2022 16:59

Moscow unveils details of new gas pipeline to China

The Soyuz Vostok project is expected to deliver 50 billion cubic meters of natural gas annually
Moscow unveils details of new gas pipeline to China

Gazprom is finalizing construction details of the Soyuz Vostok gas pipeline project with its Chinese and Mongolian partners, Russian President Vladimir Putin said on Thursday at the Shanghai Cooperation Organization summit. He held talks there with Chinese leader Xi Jinping and Mongolian President Ukhnaagiin Khurelsukh.

According to the Russian president, Moscow is ready to develop cooperation with Beijing and Ulaanbaatar in the energy sector, including the possibility of increasing cross-border electricity supplies to the two countries.

“For this year, we predict 20% growth of energy transfers from Russia to your countries, dear friends, of up to 5.2 billion kilowatts,” Putin said.

Designed to carry natural gas to China via Mongolia, the Soyuz Vostok pipeline is part of the larger Power of Siberia 2 pipeline. It will be able to bring up to 50 billion cubic meters of gas to China annually, according to Gazprom.

For more stories on economy & finance visit RT's business section

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