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The Commission for the Development of the Fuel and Energy Complex under the President will discuss the possibility of creating a consortium for the Eastern Gas Program
On June 4, the Commission for the Development of the Fuel and Energy Complex under the President of Russia will consider the creation of a consortium of oil and gas companies for the construction of pipelines of the Eastern Gas Program, including the Power of Siberia pipe, which is already under construction, ITAR-TASS reports.
The launch of the first stage is scheduled for the end of 2017. The planned capacity of the pipe, which will go from Eastern Siberia to the Far East with a branch to China, will be 61 billion cubic meters of gas per year.
In addition, the commission plans to discuss the possibility of including volumes from independent producers and associated petroleum gas from oil companies in exports.