Soyuz Vostok pipeline
Gazprom is now looking to further extend its relationship with China by building the Power of Siberia 2 gas pipeline, also called Soyuz Vostok. In a press release, the company said that its Chairman Alexey Miller had recently met the Deputy Prime Minister of Mongolia, Sainbuyan Amarsaikhan to discuss the implementation of the pipeline through Mongolia.
During the meeting, a design and survey work contract was signed for the construction of the pipeline that involves Mongolian companies to carry out land and archaeological surveys and assess the impact of the project on the environment, the press release said.
Last month, the
feasibility report of the project was approved according to which the pipeline would see a 598-mile stretch run through Mongolian territory. The diameter of the pipes used would be
1.42 meters in diameter, or about 56 inches, with five compressor stations to be installed along the route to enable 50 billion cubic meters or 1.8 trillion cubic feet of gas to be sent to China.
If the deal with China goes through, Russia will also build an interconnector between its west and east-bound pipelines paving the way to redirect the gas, that is currently being supplied to Europe, towards China, thereby reducing its dependence on European imports.
"Work on the Soyuz Vostok gas pipeline project is actively and successfully progressing. A month ago, the results of the feasibility study were approved, and today a design contract has been signed. This means that the project has moved to the practical stage," said Alexey Miller in the press release.