Russia builds new gas pipeline

Russian gas giant Gazprom, one of the main gas providers to the EU, has initiated construction of a new gas pipeline "Force of Siberia", reports IAR news agency. The target market for the gas is China. “The new pipeline, which in the future is said to be connected with Russian European gas pipelines, will allow Russia to reach different destinations and manage the alienation of the fuel”, said Russian president Vladimir Putin, being guest to the construction site. The gas pipeline shall go from Irkutsk Oblast, Siberia, to Vladivostok, south-east of Russia. The costs will amount to almost PLN 77 billion. The lenght of the pipeline will be 4,000 km. First amounts of gas will flow to China in 2019 and be worth USD 400 billion, according to the agreement signed.