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Japan is preparing a Sakhalin-Hokkaido gas pipeline project for 6 billion dollars
Japan is preparing a project to build a gas pipeline between Sakhalin and Hokkaido. Bloomberg reports that the cost of five-year construction will be about 6 billion dollars. A gas pipeline of about 1350 km in length will run along the ocean floor from the southern part of Sakhalin to the city of Hitati in 150 km from Tokyo.
The idea of the project appeared 10 years ago, but today, in connection with the shutdown of nuclear reactors, the authorities have an interest in its implementation. The new gas pipeline will be able to provide up to 20% of Japan's gas needs (about 20 billion cubic meters per year).