Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Investments in the development of the Kovykta and Chayanda fields will amount to $ 75 billion

Investments in the development of the Kovykta and Chayanda fields will amount to $ 75 billion, taking into account the construction of the pipeline, including investments from the Chinese side will amount to at least $ 20 billion, said President Vladimir Putin.

The price of Russian gas for China under the contract between Gazprom and the Chinese CNPC is tied to the market price of oil and oil products and satisfies both parties, Putin stressed.

In turn, Energy Minister Alexander Novak noted that under the contract "an advance payment of up to $ 25 billion is possible." "This is provided as an option. But this is already a question for the Chinese side, how they will solve it at the level of their procedures. They are ready, they want," Novak said.

According to the minister, the first gas deliveries to China will begin under the contract in four years.

April 22: current information on coronavirus in the Far East
Digest of regional events and latest statistics