25 Jan 2022 13:07

Gazprom, Mongolia approve feasibility study for 'technically and economically' viable pipeline to China, capacity 50 bcm per year

MOSCOW. Jan 25 (Interfax) - Gazprom and Mongolia have approve a feasibility study for a gas pipeline to China, the Montsame news Agency said.

Mongolia's Deputy Prime Minister Sainbuyan Amarsaikhan and Gazprom CEO Alexei Miller approved the document on Tuesday.

The study showed that the project is "technically feasible and economically advantageous," the news agency said. "The parties plan to jointly conduct engineering surveys and design gas pipeline infrastructure in 2022 and 2023. The total length of the gas pipeline's Mongolian section will be 960 km. It will transport 50 billion cubic meters of gas per year," it said.

Gazprom started to explore opportunities to supply gas to China via Mongolia in 2020. The Soyuz Vostok pipeline will pass through Mongolia and will be a continuation of the Russian Power of Siberia 2 pipeline.

The special-purpose vehicle Gazoprovod Soyuz Vostok was registered in Mongolia last year to do survey work and develop the feasibility study for the project to build the pipeline to export Russian gas to China through Mongolia.