2015-12-29 19:50:00
CNPC & GAZPROM AGREEMENT
China National Petroleum Corp. and JSC Gazprom signed an agreement Dec. 17 in Beijing for design and construction of the cross-border section of the Russia-China gas pipeline.
Gazprom said "special attention" will be paid to the crossing under the Amur River. The Russian section is known as the Power of Siberia gas pipeline and the Chinese section is known as the Eastern Route.
CNPC said the entire pipeline project is expected to be completed and operational by the end of 2018. Construction of the Chinese section began in June 2015, while construction of the Russian section began in September 2014.
CNPC also signed an investment agreement on Dec. 16 for construction of the 215-km Kyrgyzstan section of Line D of the Central Asia-China gas pipeline.
The company said technical standards and specifications will be determined for design and construction, "and the Kyrgyz Government will provide support to ensure the smooth progress of the project."
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