Rosneft wants access to Power of Siberia pipeline

May 21, 2014

Russia’s oil major Rosneft hopes for getting access to the Power of Siberia pipeline, if a decision is made to increase its throughput, Rosneft President Igor Sechin told the media on May 20, ITAR-TASS has reported.

“We have presented our forecasts for Rosneft’s extraction in East Siberia and the Far East to the Energy Ministry. If they are taken into account in building up Power of Siberia’s throughput, we may thank the Lord. Transportation is everybody’s concern,” Sechin said.

Gazprom, which is laying the pipeline, plans to commission eight compressors in 2018-2020. The Power of Siberia pipeline with a throughput of 61 billion cubic meters a year will be transporting gas from the Kovykta and Chayandinskoye fields, as well as deposits being developed by independent gas producers (25 billion cubic meters a year) on either side of the pipeline.

Copyright: ITAR-TASS, 2014