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The new gas contract with China is very much needed by the Russian monopolist Ga...

The Russian Federation near the broken trough: China instead of "Siberia-2 forces" will build a gas pipeline from Turkmenia-the media

The new gas contract with China is very much needed by the Russian monopolist Gazprom, which, through sanctions, was left without a European market and lost more than half of exports in 2022. The plan of Russian President Vladimir Putin on the construction of additional Siber-2 gas pipeline for additional supplies of raw materials to China seems to have failed. All because China's authorities are inclined to build a new gas pipeline from Turkmenistan, Reuters writes on May 25.

It is reported that the official Beijing has virtually agreed to the implementation of the Line D project, which will import 30 billion cubic meters of gas from Turkmenistan annually. In addition, according to journalists, the Chinese State Oil and Gas Corporation CNPC began to develop a technical and economic justification for a 200-kilometer interconnector from the border of Singziang Province with Kyrgyzstan to the Chinese city of UCZI as the first reception point.

It is noted that in 2022, three acting pipelines imported 35 billion cubic meters of gas from Turkmenistan, paying $ 10. 3 billion for him, and the cost was 2. 5 times lower - about $ 4 billion. Back in September, Vladimir Putin was convinced that Russia and China have agreed all issues of construction of the new highway "Siberia-2". He even voiced that Russia will plan to sell its strategic partner for up to 50 billion cubic meters of gas per year.

The highway was going to be built from the Yamal gas production center. The route of the future gas pipeline wanted to be laid from the Bovanenko group through the Oblast Lub to a new Urenga, as well as through the Krasnoyarsk region and the Irkutsk region to Mongolia. "Siberia Power" is a Russian main gas pipeline for the supply of gas from Yakutia to the Primorsky Territory and the Asia-Pacific. It is a common project of the Russian gas monopolist Gazprom and the Chinese company CNPC.

The gas pipeline was opened on December 2, 2019. The cost of the project was initially estimated at 800 billion rubles, but later revised up to 1. 1 1. 1 trillion rubles. Recall that in 2022, Europe and the Great Seven countries limited the supply of oil and gas from Russia. Therefore, in the Russian Federation, in 2023, oil and gas income decreased by 52%. According to the Ministry of Finance of Russia, for the period from January to April, the budget of the Russian Federation was replenished for 7.