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Putin gave start to the construction of the gas pipeline "The Power of Siberia"
Russian President Vladimir Putin took part in a ceremony dedicated to the connection of the first link of the Power of Siberia gas pipeline. It will supply gas to the Russian Far East and for export to China. "This project will give us the opportunity not only to supply gas for export. It will give us the opportunity to develop gasification of our own country, the eastern regions of the Russian Federation - the Far East and Eastern Siberia," Putin said.
In addition, the head of state is confident that in the future there is an opportunity to unite the European part of the gas pipeline system with the eastern one. “And this from the point of view of export opportunities, from the point of view of expanding the geography of gasification of our own country, it will give great advantages to carry out flows depending on the situation on the world markets - either to the west more, more efficiently, or to the east,” the president said.
According to preliminary calculations, the estimated cost of the Power of Siberia will amount to 770 billion rubles. Gas will be exported to China and the domestic Russian market. The total length of the gas pipeline will be 3 km.