The 803km-long, upcoming Power of Siberia 1 (Russia Section-II) project will be operated by Gazprom. This onshore, gas pipeline, with a maximum diameter of 56 inches, will start in Irkutsk Oblast (Russia) and ends in Sakha (Russia).
The Power of Siberia 1 (Russia Section-II) project is expected to commence operations in 2023 and will be owned by Gazprom.
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The Power of Siberia 1 (Russia Section-II) project is associated with the 2200km Power of Siberia 1 (Russia Section-I).
During the period 2021-2025, the Power of Siberia 1 (Russia Section-II) project is expected to witness an estimated capex of $1,656.47m.
Contractors involved in the Power of Siberia 1 (Russia Section-II) project:
Some of the key contractors for the Power of Siberia 1 (Russia Section-II) include –
Main EPC: China National Petroleum, Gazprom, Neftegazstroy, Stroygazconsulting Ltd Liability, Stroytransgaz.
About Gazprom
Gazprom is an integrated global oil and gas company. It carries out the exploration, production, transportation, storage, processing and marketing of natural gas, gas condensate and crude oil. The company also sells gas as a vehicle fuel and participates in the generation and marketing of heat and electricity. It owns the gas trunk lines integrated in the Unified Gas Supply System (UGSS) of Russia. The company sells more than half of overall gas produced in Russia and exports gas to countries within and outside the former Soviet Union. It also produces and exports liquefied natural gas. Gazprom is headquartered in Moscow, Russia.
Methodology
Information on the pipeline is sourced from GlobalData’s Oil & Gas Pipelines database that provides detailed information on all active and upcoming, crude oil, natural gas, petroleum products and Natural Gas Liquids (NGL) trunk pipelines globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
