Gazprom To Build Vladivostok Pipeline

Russia’s Gasprom has committed 18.9 billion euro to build a 3,200km pipeline from the East Siberian Chayanda deposit to Vladivostok, and a further 10.6 billion euro to develop the field. This is in response to decreasing gas demand in Europe, and will allow Russia to forge closer ties with fast-growing consumers in the Asian and Pacific regions, for example China and Japan.

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