"the World's largest construction project" will send siberian gas to China, says Russia's president, Vladimir Putin.
Russia's president, Vladimir Putin, and China's leader, Xi Jinping, on Monday opened the first natural gas pipeline between the two great countries.
- the Day today is remarkable, a truly historic event. It concerns not only the global energy market, but first and foremost, you, and us, said Putin.
It happened in connection with the televised ceremony, as he and China's leader came via videolinks.
Russia is the world's largest gas exporter, is planning to open three major natural gas pipelines in the nearest future.
Putin speaks about "the world's largest construction project", which will send siberian gas to China.
The 3,000 kilometers long gas pipeline goes from the remote regions of eastern Siberia to the city of Blagoveshtjensk on the border to China. Over 10,000 people have worked to build it.
The Russian giant Gazprom must supply the world's fastest growing market, with 38 billion cubic meters of natural gas annually once the pipeline becomes fully operational in 2025.
the Agreement to 400 billion dollars (more than 2700 billion dollars) goes for 30 years. It came in place after ten years of difficult negotiations, and it is the largest contract of the Russian star's radial velocity has been concluded.
Gas pipeline has been built under extreme conditions through both mountainous and swampy areas and vast stretches of permafrost.
Despite the tensions, the EU is currently Russia's main customer in the field of energy, which gives rise to many discussions.
the UNITED states remains critical about the Russian gas pipeline Nord Stream 2, because it gives the russians influence in Europe.
the gas Pipeline to send gas from Russia to Europe, and there has for several years been a discussion about the route through the Baltic sea.
Nord Stream 2 is led outside of Danish territorial waters, but over the Danish continental shelf.
Updated Date: 02 December 2019, 11:00