China and Russia are set to begin construction of a joint natural gas pipeline in eastern Siberia. According to a contract signed under the witness of Chinese President Xi Jinping and Russian President Vladimir Putin during a meeting in May 2014, the Yakutiaº£½Ç³Ô¹ÏÍø“Khabarovskº£½Ç³Ô¹ÏÍø“Vladivostok, or Power of Siberia, pipeline will transmit 38 billion m3 of natural gas every year from Yakutia to Primorsky Krai and Far East countries over a period of 30 years (starting from 2018).
On 31 August, Chinaº£½Ç³Ô¹ÏÍø™s Vice Premier Zhang Gaoli flew to Yakutsk to attend the start-of-construction ceremony for the Russian section of the East Route of the new pipeline, highlighting the importance of Chinaº£½Ç³Ô¹ÏÍø™s strategic energy partnership with Russia. According to reports, pipe welding for the Russian leg will begin on Monday.
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