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2019-12-02 13:55:00

RUSSIA'S GAS FOR CHINA: $400 BLN

RUSSIA'S GAS FOR CHINA: $400 BLN

REUTERS - Across China's coal-burning northeastern provinces, pipelines are being laid, contracts signed and coal-fired boilers ripped out ahead of the arrival next week of the country's first piped natural gas from Russia.

The 'Power of Siberia' pipeline, due to open on Dec. 2, will pipe natural gas around 3,000 km (1,865 miles) from Russia's Siberian fields to the fading industrial region, which has lagged the push to gas in China's south and east.

The pipeline - which will deliver gas under a 30-year, $400 billion deal signed in 2014 - has the potential…

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