China Russia Eastern Route Gas Pipeline

Mondo Finance Updated on 2024-01-30

The China-Russia Eastern Route Natural Gas Pipeline Project is an important achievement of Sino-Russian energy cooperation, which consists of the "Power of Siberia" pipeline and the China-Russia Eastern Route Natural Gas Pipeline. The "Power of Siberia" pipeline is part of Russia, which starts from the Kovykta gas field, the largest natural gas condensate field in eastern Russia, passes through three subjects of the Russian Federation, including Irkutsk Oblast, Sakha Republic and Amur Oblast, with a total length of about 3,000 kilometers and a pipe diameter of 1,420 mm, and finally reaches the city of Blagoveshchensk on the Sino-Russian border. The Sino-Russian Eastern Gas Pipeline is a section of the Sino-Russian border, which starts in the city of Blagoveshchensk and extends into China, and will eventually connect Northeast China, North China, East China and South China.

The construction of the "Power of Siberia" pipeline began in September 2014 and was officially completed on March 21, 2023 local time. Russia's Putin participated in the opening ceremony in a ** way, and he said that the launch and operation of the project not only provides impetus for the development of Russia's eastern regions, but also provides foreign partners with stable capabilities. The Kovykta gas field is the condensate field with the largest natural gas reserves in eastern Russia, and its recoverable natural gas reserves are 18 trillion cubic meters, condensate recoverable reserves of 65.7 million tons. The commissioning of the Kovikta gas field will significantly increase the total amount of natural gas delivered from Russia to China per year, reaching 38 billion cubic meters per year, with a contract period of 30 years.

The full line of the Power of Siberia gas project is also of great significance for China, as it can reduce China's dependence on traditional offshore energy imports and increase China's energy security.

At the same time, natural gas, as a clean energy, can also contribute to environmental protection and emission reduction efforts in China, especially in northern China, to improve air quality and promote green development. The China-Russia East Route Natural Gas Pipeline Project is a model of mutual benefit and win-win results between China and Russia, and an important part of the Belt and Road Initiative, which will bring great benefits to the economic and social development and people's well-being of China and Russia.

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