During the launch of the Power of Siberia gas pipeline. The President of the Russian Federation Vladimir Putin.
Five ways in which Russia and China will profit from soon to-be-opened Power of Siberia pipeline.
Following the signing of the major 30-year gas contract worth of $400 billion between the two countries, Russia started building a pipeline that will not only connect its gas fields with refineries, but also allow for tAfter over five years of construction in the at times difficult landscape of Siberia, the pipeline, named after the resource-rich area of Russia, is finally about to be officially opened by the heads of the two countries that are set to primarily profit from its completion – Russian President Vladimir Putin and his Chinese counterpart Xi Jinpinghe supply of billions of cubic metres of gas to cover the energy needs of its south-eastern neighbour,
2019中國與俄羅斯西伯利亞天然氣管線竣工圖.What is the Power of Siberia?$400 billion deal to supply 38 billion cubic meters of gas annually for 30 years to China National Petroleum Corp. It’s the Russian company’s biggest ever contract.
Across China’s coal-burning northeastern provinces, pipelines are being laid, contracts signed and coal-fired boilers ripped out ahead of the arrival next week of the country’s first piped natural gas from Russia.
The ‘Power of Siberia’ pipeline, due to open on Dec. 2, will pipe natural gas around 3,000 km (1,865 miles) from Russia’s Siberian fields to the fading industrial region, which has lagged the push to gas in China’s south and east.
The pipeline - which will deliver gas under a 30-year, $400 billion deal signed in 2014 - has the potential to transform northeast China’s energy landscape and even slow the country’s surging imports of liquefied natural gas (LNG).
Why does China want the Power of Siberia?
China is the world’s biggest energy consumer and importer. Russian gas will supplement output from China’s domestic fields and could be cheaper than LNG arriving in tankers. The two countries are already talking about a second link, known asPower of Siberia 2, which would serve the industrial areas on China’s east coast. China also operates the Central Asia-China Gas Pipeline, which brings gas mainly from Turkmenistan through Uzbekistan and Kazakhstan. Putin expects “colossal” growth in China’s energy needs will require more pipeline and LNG capacity, benefiting both Gazprom and Novatek PJSC, which is developing LNG on the Yamal peninsula in the Kara Sea.
Gazprom filled it with gas in October, and the official launch is likely to happen Dec. 2, when Putin and Chinese President Xi Jinping may appear in a joint video link at a ceremony to mark the occasion, according to Kremlin spokesman Dmitry Peskov. Gazpromplans to startwith deliveries of 10 million cubic meters a day and reach peak capacity in 2025. Russia may eventually expand the system to the west, allowing Siberian gas to flow in either direction
A general view shows Xi Jinping speaking with Vladimir Putin via a video link, from the Great Hall of the People in Beijing, 2 Dec, 2019.
Russias President Vladimir Putin with Energy Minister Alexander Novak, left, and Deputy Prime Minister Dmitry Kozak during the launch of the Power of Siberia gas pipeline.
Chinas new Russian natural gas pipeline wont worry LNG, oversupply will:0A new pipeline from Russia that will eventually be capable of delivering more than a quarter of China’s current level of natural gas imports sounds like the last thing embattled liquefied natural gas (LNG) producers need.
The Power of Siberia pipeline was scheduled on Monday to start delivering natural gas from Russia to China’s northeast, bringing the cleaner-burning fuel some 3,000 kilometres (1,865 miles) to a region that up to now has been heavily reliant on coal.
The pipeline is due to reach its full capacity of 38 billion cubic metres (bcm) a year by 2025, which is equivalent to about 28.1 million tonnes of LNG.
China’s total natural gas imports from LNG and existing pipelines from central Asia were 77.1 million tonnes in the first 10 months of 2019, meaning they should be around 93 million tonnes for the full year.
This means the new pipeline will be able to boost the current level of imports by around 30%, a substantial figure even when viewed in the light of China’s supercharged natural gas demand growth in recent years
- 4樓. red square 1232019/12/05 20:12
1.In 2014, Vladimir Putin called Power of Siberia “the largest construction project in the world”, noting that it was tremendously important both for Russia and China.
2.The gas fields at the centre of the Power of Siberia project, Chayandinsky in Yakutia and Kovyaktinsky in Irkutsk region, were discovered in eastern Siberia in the 1980s. However, their development was not started right away due to their remoteness from the USSR’s major gas pipelines.
3.The name “Power of Siberia” (“Sila Sibiri”) was coined by Russian the gas giant Gazprom in a public competition, with Vladimir Putin announcing it in December 2012.
4.Initially, Power of Siberia project referred to the Chayandinsky gas field and entailed the construction of a pipeline system that would run from Yakutia to Khabarovsk and Vladivostok. The negotiations to connect the pipeline to China began in 2012, with the name subsequently evolving to incorporate the whole project. Gazprom later made a decision to connect the Chayandinsky gas field with the Kovyaktinsky one, with the latter expected to become operational in 2022.
5.The 30-year contract between Russia’s Gazprom and the China National Petroleum Corporation (CNPS) on the creation of a major new pipeline system to supply Russian gas to north-eastern China was signed in May 2014, with the total estimated value of the project being $400 billion.
6.In 2017, Gazprom and the CNPC also began the construction of a crossing under the Amur River within the trans-border section of the Power of Siberia pipeline, which was completed this year.
7.The natural resources in the Chayandinsky and Kovyaktinsky fields would allow for the extraction of 50-60 billion cubic metres of Russian gas per year, according to Deputy Director General of Russia’s Energy Security Fund Alexey Grivach. Russia plans to gradually increase the gas deliveries annually, raising the amount of gas from five billion cubic metres to 15 billion over the period of 2020-2022.red square 123 於 2019/12/05 20:13回覆
8.The gas pipeline will run through extreme climatic conditions, including an expected minimum of -62°С in the Yakutia region, which is believed to be one of the coldest places on Earth. All the pipes used in the construction of Power of Siberia, which are produced in Russia, are set to address the extreme weather conditions with the help of innovative nanocomposite materials in order to provide high resistance to corrosion.
9.In addition to exports to China, Power of Siberia will provide resources to the upcoming Amur Gas processing plant that will soon feature the world’s largest helium production enterprise.
10.Gazprom and China are also currently negotiating the supply of gas through a western route, given the name Power of Siberia-2, potentially running from western Siberia to Novosibirsk and the Russian-Chinese border. Another joint project would include the supply of gas via the Far Eastern route from the Sakhalin field.
- 3樓. red square 1232019/12/03 17:25red square 123 於 2019/12/03 17:27回覆red square 123 於 2019/12/03 17:26回覆
- 2樓. red square 1232019/12/03 16:44國家主席習近平昨日下午在北京同俄羅斯總統普京視頻連線，共同見證中俄東線天然氣管道投產通氣儀式。
全場響起熱烈的掌聲。red square 123 於 2019/12/03 16:45回覆red square 123 於 2019/12/03 17:28回覆red square 123 於 2019/12/03 17:28回覆
- 1樓. red square 1232019/12/03 13:59red square 123 於 2019/12/03 14:00回覆