Altai Gas Pipeline
Extending from Western Siberia to North-West China, the
proposed Altai Gas Pipeline will bring in much benefits in both countries.
Expected to transmit 30 billion cubic metres per year, this pipeline covers
2,800 kilometres. Though it has some environmental concerns, the final boons of
this project is expected to outweigh its banes.
This project also hangs a question mark on Pacific liquid
natural gas (LNG) projects, and diversifies Russia’s export options at a time
of strained relations with the US and European Union. The 30-year, US$400
billion deal will see state gas company Gazprom deliver Russian gas to China National
Petroleum Corporation (KPMC).
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