RUSSIA & CHINA PIPELINE
China started construction last week of a pipeline to receive Russian gas, Russian state gas company Gazprom said on Tuesday.
Russia and China clinched a $400-billion gas deal last year to build the Power of Siberia pipeline. Russia will invest $55 billion for the Russian section, including bringing new gas fields on stream.
China's CNPC, Gazprom's partner on the project, said its pipeline company had signed an agreement with CNPC's pipeline project team on building a portion of the Russia-China eastern gas pipeline starting from Heihe on the border and running to Changling in Jilin province.
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