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The Government of Russia by March 2015 g will prepare a comprehensive plan for the implementation of the IHP project The Siberian Power

This was reported by Deputy Minister of the Russian Federation for the Development of the Far East O. Skousinsky. He recalled that Gazprom is approaching the implementation of this project in worsening conditions. After all, the contract for the supply of gas is tied to oil prices, which since the contract was significantly reduced.

As reported, at the time of signing the contract on the basis of publicly announced data, experts calculated the price in the amount of 387 US dollars / 1000 m3.

Recall that 9 November 2014 r became aware that Gazprom refused an advance of 25 billion US dollars from China for the construction of the main gas pipeline (IHP), the Power of Siberia.

This was announced by the head of Gazprom A. Miller during the visit of V.Putin to the APEC summit in Beijing.

It is known that the advance was only an element of price negotiations.

The parties reached a final agreement and are no longer in the lending negotiations, said A. Miller.

Earlier, Gazprom refused money from the FNB to build the IHP of the Siberian Force from Russia to China.

Now Gazprom will have to take on the whole burden of investments in the project.

These investments are estimated at 55 billion US dollars.

In fact, there are no alternatives for attracting serious credit resources from Gazprom.

This is due to Western sanctions that have become so fond of us lately.

1 September 2014, the construction of the IHP of the Siberian Power with the length of 3,968 thousand kilometers and the cost of 770 billion rubles for the delivery of Russian gas to China began.

The IHP will include gas pipelines Kovykta-Chayanda (791 km), Chayanda-Belogorsk (2166 km), Belogorsk-Blagoveshchensk (169 km) and Belogorsk-Khabarovsk (842 km).

The main resource base for the Siberian Force is the Kovykta gas condensate field with reserves of 1,2 trillion m3 and Chayanda OGKM - 1,5 trillion m3.

23 September 2014 г Gazprom Deputy Chairman of the Board A.Medvedev reported that the company plans to put into operation the IHP of Siberia in 2018-2020.

30-year contract with China worth 400 billion US dollars was signed in May 2014
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