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Russia and China may soon conclude a contract on the western branch of the gas pipeline - Ivanov
Russia and the PRC may soon conclude a contract for the construction of the western branch of the gas pipeline that will run through the territory of the Siberian Federal District, the head of the presidential administration Sergei Ivanov told 4 on June, Xinhua agency reports.
“It may not be so capital-intensive, but the fact that it is tens of billions of dollars is beyond any doubt,” Ivanov added, recalling that the eastern branch of the Power of Siberia gas pipeline will partially affect the territory of the Irkutsk region.
“Let's not forget that the development of these fields and the construction of the gas pipeline alone are estimated at $ 55 billion. This means new jobs, loading of many industries. It has a huge cumulative effect, the synergy is very large, ”the head of the administration said.