Putin, Xi launch ‘historic’ Russia-China gas pipeline

Date:

spot_imgspot_img

Moscow: Russian President Vladimir Putin and Chinese leader Xi Jinping on Monday launched the first gas pipeline linking the two countries.
The mammoth Power of Siberia pipeline connecting the world’s top gas exporter and its largest energy importer crowns years of tough negotiations and work in difficult conditions.
“Today is remarkable, a truly historic event not only for the global energy market, but first of all for us and for you, for Russia and China,” Putin said during a televised ceremony featuring the two leaders.
Xi said the project “serves as a model of… mutually beneficial cooperation between our countries.” “The development of Sino-Russian ties is and will be a foreign policy priority for both our nations,” Xi said on Russian television in translated remarks.
Alexei Miller, head of Russian gas giant Gazprom which championed the project, said nearly 10,000 people had worked to build the enormous pipeline. During the ceremony Miller was shown ordering workers to open a valve allowing gas to pass across the border into China.
“Gas is going to the pipeline system of the Chinese People’s Republic,” he said. The 3,000-kilometre (1,850-mile) pipeline runs from remote regions of eastern Siberia to Blagoveshchensk on the border, then into China. Russia and China signed a 30-year, USD 400 billion deal to build and operate the pipeline in 2014, after a decade of difficult talks. It was Gazprom’s biggest contract.
The company is to supply China with 38 billion cubic metres (1.3 trillion cubic feet) of gas annually when the pipeline is fully operational in 2025.
Gazprom has stressed that the pipeline ran through “swampy, mountainous, seismically active, permafrost and rocky areas with extreme environmental conditions”. (AFP)

spot_imgspot_img

Related articles

Changing weather conditions driving H3N2 cases in Delhi-NCR: Experts

New Delhi, Sep 17: Changing weather conditions are driving influenza A strain H3N2 cases in Delhi-NCR, said health...

Indian Army restores vital road connectivity in J&K’s Ramban with 150-foot reinforced Maitra Bridge

Jammu, Sep 17: Days after heavy rainfall created havoc in several districts of J&K's Jammu region, including Ramban,...

Ahead of Bihar polls, ECI introduces colour photos, larger serial numbers on EVM ballot papers to boost clarity

New Delhi, Sep 17: The Election Commission of India (ECI) on Wednesday announced a major revamp of Electronic...

Smriti Mandhana slams second fastest women’s ODI ton by Indian batter

New Chandigarh, Sep 17: Vice-captain Smriti Mandhana registered the second-fastest century by an Indian batter in women’s ODIs...