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| Russia’s mega gas pipeline to China nearly complete – Xinhua | Russia’s mega gas pipeline to China nearly complete – Xinhua |
| (about 1 hour later) | |
| Work on a key section is reportedly finished | |
| A crucial section of the East Route natural gas pipeline between Russia and China has been completed, Xinhua News agency reported on Wednesday, citing construction company PipeChina. | A crucial section of the East Route natural gas pipeline between Russia and China has been completed, Xinhua News agency reported on Wednesday, citing construction company PipeChina. |
| The section will allow gas to be transported from Russia to China's eastern economic powerhouse Shanghai, according to the report. | The section will allow gas to be transported from Russia to China's eastern economic powerhouse Shanghai, according to the report. |
| The 5,111 km cross-border pipeline reportedly enters China via the border city of Heihe in northeastern Heilongjiang Province, and runs through nine provincial regions, supplying natural gas to areas along the route, including Beijing, Shanghai, and Tianjin. | The 5,111 km cross-border pipeline reportedly enters China via the border city of Heihe in northeastern Heilongjiang Province, and runs through nine provincial regions, supplying natural gas to areas along the route, including Beijing, Shanghai, and Tianjin. |
| It is part of the East Route project, which connects with the 3,000 km Power of Siberia pipeline in Russia. | It is part of the East Route project, which connects with the 3,000 km Power of Siberia pipeline in Russia. |
| The East Route was partially launched in December 2019, becoming the first pipeline to supply Russian gas to China. The mega project, which is expected to be completed and become fully operational by 2025, will provide China with 38 billion cubic meters of Russian natural gas annually, starting in 2024. Forecasted deliveries could help reduce China's carbon dioxide emissions by 164 million tons per year, according to PipeChina. | The East Route was partially launched in December 2019, becoming the first pipeline to supply Russian gas to China. The mega project, which is expected to be completed and become fully operational by 2025, will provide China with 38 billion cubic meters of Russian natural gas annually, starting in 2024. Forecasted deliveries could help reduce China's carbon dioxide emissions by 164 million tons per year, according to PipeChina. |
| The energy corridor will boost the energy security and economic development of the eastern regions of China, the company said. | The energy corridor will boost the energy security and economic development of the eastern regions of China, the company said. |
| The East Route is part of a $400 billion, 30-year agreement between Russia’s Gazprom and the China National Petroleum Corporation, signed in May 2014. | The East Route is part of a $400 billion, 30-year agreement between Russia’s Gazprom and the China National Petroleum Corporation, signed in May 2014. |
| The two companies are also working on a western gas route, which involves the construction of a pipeline to China through the territory of Mongolia. The route will be capable of delivering as much as 50 billion cubic meters of gas per year, once operational. | The two companies are also working on a western gas route, which involves the construction of a pipeline to China through the territory of Mongolia. The route will be capable of delivering as much as 50 billion cubic meters of gas per year, once operational. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |