Gas supplies via the "Western route" - the project "Power of Siberia-2" - in China will be cheaper deliveries through the pipeline " Power of Siberia ", to the report of international energy Agency (IEA) world energy Outlook. As stressed by the IEA, capital spending on the project "Power of Siberia" is estimated at not less than $ 30 billion on the development of the resource base (Chayandinskoye and Kovyktinskoye fields " and in the same amount on the construction of the gas pipeline, reports the news Agency. "Not much less than the cheapest option gas Supplies - the so-called "Western route" because it will apply the existing resource base in Western Siberia and the existing transport infrastructure in most parts of the route, " says IEA. Anyway, from the Chinese point of view "Western route" has a significant drawback - the entrance to the Chinese territory far from the main areas of demand, which requires further development of gas transportation facilities, the Agency said. Energy Agency predicts a significant increase in the supply of Russian pipeline gas to China that will be almost 80 billion cubic meters by 2040. The share of exports to China in total exports of Russian gas (including LNG), according to the forecast, will reach nearly 30% by 2040. In early autumn, the Russian Firm Gazprom signed the shareholder agreement on the gas pipeline " Nord stream ? 2 ", which provides for an increase in the supply of natural gas to the EU. Signatures under the document were put by head of Gazprom Alexey Miller, the Chairman of the Board of BASF Kurt Bock, Board member of E. ON Klaus sch?fer, Deputy General Director ENGIE Pierre Shreir, the head of OMV AG, Dr. Rainer Seele, managing Director of Royal Dutch Shell Ben van Bearden. Print edition OPINION noted, the participants asserted that the project needs Europe, and looked in detail, why this project is "no more political" than the " South stream ". The day before Gazprom has called the timing of the signing of the contract for "the Power of Siberia ? 2" ? it's bound to happen in spring 2016. In mid-August, it was announced that the project of the gas pipeline "Nord stream ? 2" has a chance to get the approval of Brussels, despite the political debate around Ukraine.
sections: Politics |