Page 12 - FSUOGM Week 38 2022

FSUOGM PIPELINES & TRANSPORT FSUOGM

Gazprom to launch second field to

flow gas to China in December

RUSSIA GAZPROM plans to commission a second gas of 25 bcm per year. Gazprom has not disclosed
field to flow supplies to China via the Power of how much gas Chayandinskoye is currently
Russia is fast-tracking Siberia pipeline in the second half of December, flowing, but it has repeatedly said this year that
efforts to expand its the company said on its Telegram channel on Power of Siberia supplies are on the rise, and at a
market share in China. September 14. rate above the contractual level.
“It was recorded today at a brief meeting … Russia is banking on increased gas supplies to
that gas from the Kovyktinskoye field will be sup- China to offset lost sales to Europe in the years
plied to the Kovykta-Chayanda trunk gas pipe- ahead. Beyond the Power of Siberia, Gazprom
line for pre-commissioning work on October also plans to build new pipelines to China via
25,” the company said. “The launch of this field the Far East and from the Arctic and all the way
will take place in the second half of December.” through Mongolia.
The 38bn cubic metre per year Power of Sibe- Power of Sibeira is due to be taken offline
ria pipeline was commissioned in December between September 22 and 29 for scheduled
2019, and currently delivers gas to China only maintenance, temporarily halting gas flow to
from the Chayandinskoye field in the Yakutia China. This maintenance takes place twice a
region. Kovyktinskoye is situated further west in year, in spring and autumn, as per the long-term
the Irkutsk region. supply contract that Gazprom has with Chinese
Both fields have peak production capacities gas buyer CNPC. ™

Putin still hopeful on Russian-backed

pipeline in Pakistan

RUSSIA RUSSIA could still deliver pipeline gas supplies around a quarter of financing set to come from
to Pakistan, Russian President Vladimir Putin Moscow. But unprecedented sanctions against
The two countries have said on September 15, according to the Russian Russia that have been imposed in response to its
been working on the state-owned RIA news agency. invasion of Ukraine have raised fresh concerns
project since 2015. The president was referring to a 2015 agree- that the project can come into fruition.
ment the two sides reached in 2015 to build a Putin met with Pakistani Prime Minister
1,110-km pipeline that would bring regasified Shehbaz Sharif on September 15 at the Shang-
LNG from the south to the north of Pakistan. hai Cooperation Organisation (SCO) summit in
Running between Karachi on the Arabian Sea Samarkand in Uzbekistan.
coast to power plants in the north-eastern “The prime minister reaffirmed Pakistan’s
province of Punjab, the pipeline would have commitment to work closely with Russia to
a capacity of 12.4bn cubic metres per year, further expand and strengthen co-operation
potentially increasing to 16 bcm at a later stage. between the two countries across all areas of
The North-South pipeline project was due mutual benefit, including food security, trade
to be kicked off in 2020, but after Russia had & investment, energy, defence and security,” a
to replace the entity participating in it because statement from Sharif’s office said.
it was targeted by Western sanctions. As it The two sides agreed to hold another meet-
currently stands, the project is anticipated to ing of the Inter-Governmental Commission in
involve Russia’s Eurasian Pipeline Consor- Islamabad at an early date.
tium, steel pipe-maker TMK, and the Opera- The North-South pipeline would be able to
tional Services Centre run by Russia’s energy channel imported Russian LNG from the coun-
ministry. try’s Yamal LNG and Sakhalin LNG projects,
Capital investment requirements are set to which have lost some of their European custom-
be somewhere between $1.5bn, according to ers in recent months as a result of fallout from
Russia, and $3.5bn, according to Pakistan, with the war.™

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