Gazprom Plans to Build Two Pipelines for Russia-China Gas Transmission

Gazprom, a Russian state-owned natural gas company, is set to construct two pipelines to transport natural gas from Russia to China, with an estimated annual capacity of 68 billion cubic meters. According to Alexei Miller, Chairman of the management committee of Gazprom, the western pipeline, which will transmit gas from West Siberia to China's Xinjiang Uygur Autonomous Region, will be prioritized over the eastern pipeline. The western line project is expected to have a shorter construction period due to its proximity to existing Russian gas infrastructure.

Key Takeaways:

• Gazprom plans to build two pipelines for Russia-China gas transmission with an annual capacity of 68 billion cubic meters.
• The western pipeline will have an estimated annual transmission capacity of 30 billion cubic meters, while the eastern pipeline will transmit gas from Gakhalin to Northeast China.
• The western line project is currently under investment feasibility research, with commercial negotiations between Russia and China underway.
• The first pipeline is expected to be operational in 2011.
• Russia plans to unify the price counting method for oil and gas exports to China, which is expected to maintain a relatively stable price.

Statistics:

• Annual gas transmission capacity for the Russia-China pipelines: 68 billion cubic meters.
• Annual transmission capacity for the western pipeline: 30 billion cubic meters.
• Estimated operation start date for the first pipeline: 2011.
• Feasibility research status for the western line project: underway.

Sources:

• XIC (no date provided)
• Asia Pulse (July 3)