Russia to buy $1.5 billion worth of pipes to develop Arctic projects & pump gas to China

Russia’s energy major

Russia’s energy major Gazprom has announced a record tender to purchase almost 100 billion rubles worth of pipes ($1.5 billion) for its natural gas projects, including the Power of Siberia mega pipeline.

Deliveries are expected to start this year and continue till the end of 2022, according to the data published on state trading platforms. They will be overseen by Gazprom Invest, the company arm in charge of its largest investment projects.

Continue reading https://on.rt.com/aiy0