(MENAFN) Russia-based energy giant Gazprom will start construction work on its major pipeline for gas supplies to China in August, according to QNA.
Gazprom said in a statement, citing company CEO Alexei Miller: "We have a clear action plan. We have distributed all duties and we have set tough deadlines."
Miller added: "Our goal is to weld Power of Siberia's first joint as soon as August."
China and Russia signed the China and Russia Purchase and Sales Contract on East Route Gas Project and a memorandum on May 21, and the 30-year contract will see the east route pipeline starting providing China with 38 billion cubic meters of natural gas annually from 2018.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.