Gazprom and CNPC sign agreement on Power of Siberia

• 8 years ago (2015-12-18)
• David Flin

Asia 849

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Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of the China National Petroleum Corporation ( CNPC ) have signed an agreement to design and construct the cross-border section of the Power of Siberia gas pipeline, including its submerged crossing under the Amur River.

The agreement also sets the procedure of technical decision making, engineering, and construction of the pipeline. Special attention is paid to the submerged crossing under the Amur.

Gazprom and CNPC also signed a Joint Action Plan on gas-fired power generation projects, including the study of possibilities to initiate such projects in China. As part of the plan, a working group has been set up, and a number of potential projects have been outlined targeting north-eastern and eastern regions of China.