LNG 0.00% 4.3¢ liquefied natural gas limited

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    https://www.caixinglobal.com/2019-03-08/russia-to-china-power-of-siberia-pipeline-to-open-in-2019-101389328.html

    Russia-to-China ‘Power of Siberia’ Pipeline to Open in 2019

    The “Power of Siberia” is coming – and soon.

    Russia's eastern-route natural gas pipeline to China will begin operation in 2019, Wang Yi, China's Minister of Foreign Affairs, said at Friday press conference.

    The route makes up the eastern portion of Russia’s “Power of Siberia” pipeline, which runs from eastern Siberia to northeastern China.

    The project is in line with Beijing’s plans to reduce China’s reliance on pollution-making coal. In 2018, the country’s natural gas consumption rose by 16.6% to 276.6 billion cubic meters (9.8 trillion cubic feet). As domestic production finds it hard to keep up with growing demand, imported gas is helping to make up for a considerable portion of China’s clean-energy needs.


 
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