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Post: The design of the Soyuz Vostok gas pipeline is expected to be completed in 2023.

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Abramchenko: The design of the Soyuz Vostok gas pipeline is expected to be completed by 2023

MOSCOW, November 15 – RIA Novosti. Russian Deputy Prime Minister Victoria Abramchenko said that the design of the Soyuz Vostok gas pipeline, which carries Power of Siberia 2 via Mongolia to China, is expected to be completed in 2023.

“(Completion of the design of the Soyuz Vostok gas pipeline) is next year. It’s a tripartite story, so we have to reach an agreement between the three states,” he told reporters after a Russian-intergovernmental meeting. Mongolian commission for trade, economic and scientific technical cooperation.

Soyuz Vostok is a project for the construction of a gas pipeline to China through Mongolia with a gas supply volume of 50 billion cubic meters per year. “Currently, the feasibility study of this project has been approved, schematic studies and studies have been carried out, and relevant work is progressing,” Abramchenko said. said.

In 2019, Gazprom and the Government of Mongolia signed a memorandum of understanding on the gas pipeline, and a protocol was signed on the results of the evaluation of the feasibility study (feasibility study) of a construction project in early 2022 and an agreement. design and research work, as well as an action plan for the government of Mongolia and Gazprom’s joint working groups for 2022-2024.

The International Energy Agency (IEA) reported in the World Energy Outlook 2022 that it is skeptical of the Russian gas demand that could be supplied to China through the planned construction of Power of Siberia 2 because it believes the growth in demand for this energy source will slow. Between 2021 and 2030 it fell to 2% per year. According to the IEA, Chinese importers are actively contracting new long-term LNG supply contracts, and China already has enough contractual supplies to meet projected demand through the 2030s.

Earlier, Russian Deputy Prime Minister Alexander Novak had said that the Siberia Power 2 gas pipeline, designed to supply gas to China, could actually replace Russia’s Nord Stream 2 pipeline. According to him, the final agreement with China on “The Power of Siberia 2” is expected in the near future.

Source: Ria

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