the Problem with foreign markets, “Gazprom” do not occur only on the Western but on the Eastern front. Just a few days after China received the first billion cubic meters of Russian gas by pipeline “Power of Siberia”, the capacity of this project was questioned. All because of the Chayandinskoye field, which for 30 years, and it was at this period concluded the Russian-Chinese gas agreement, should become the main resource base for filling of the pipe. It is not excluded that resources Chayanda will not be able to fully meet export needs, promised by Moscow. A number of independent experts believe that concerns about the unreliability of the inventory of the resource base for “Power of Siberia” can be confirmed.
the gas Pipeline “Power of Siberia” connecting the Russian Chayandinskoye field with the Chinese consumer market, started work on 2 December 2019. Moscow and Beijing impose on the project the most serious of hope: after the start of the pipe at full capacity, our country gets a new export route sales of 38 billion cubic meters of “blue fuel”, and China provides a permanent supplier of energy at relatively cheap prices.
Despite the fact that the pipeline was launched in a very solemn ceremony with the participation of Russian President Vladimir Putin and Chinese leader XI Jinping complete his work until it is impossible to call. The first billion cubic meters through the “Power of Siberia” came to China only recently. This is not strange — its capacity is only dozens of millions cubic meters. Now there is a risk that such modest volumes will grow very slowly and “Gazprom” will not soon bring the “Power of Siberia” project capacity. According to some Russian media, the reserves of Chayandinskoye field is not able to close the maximum volume of the pipe and as a result the project, which has been spent billions of dollars will be out of business. As a result, the total losses of “Gazprom” will reach 1.5 trillion rubles.
moreover, Russia risks losing the support of China in major new energy projects. In particular, it will refuse from participation in the construction of a new gas pipeline “Power of Siberia – 2”, which runs Russia. A large-scale project, which will pass through Mongolia to Western China, had already secured the approval of Vladimir Putin. Supply volumes promise to be up to 50 billion cubic meters of gas per year. On the question of whether to call the gas policy of Russia in the Asian market is confident or she is far from perfect, said permanent experts “MK”
the Russian gas “will not reach” to China: truth or myth?
Mikhail Krutikhin, partner of consulting company Rusenergy:
“Claims that are Chayandinskoye field, quite legitimate. After its release at the peak of its production, and this is 14-15 billion cubic meters a year, production will gradually fall. Maximum possible — 25 billion cubic meters. So China will not get the volumes recorded in the contract. Will have to connect other resources, by which is meant the Kovykta field. However, due to certain technical and other circumstances, one of its sections is not yet ready, so Kovykta will not be able to provide decent help in filling the “Nord stream”. But what, then, offers “Gazprom”? For saving a single pipeline, the company is going to build another one — “Nord stream – 2″. Its cost will exceed $100 billion, and representatives of China are unlikely to agree to a gas pipeline having a strategic country for the character, was a transit, the more passed through Mongolia”.
Sergey Pikin, Director of energy development Fund:
“Judging by this, during the creation of the “Power of Siberia” there were some pads. Still, in informal conversations with representatives of the monopolies you can hear that with the “Power of Siberia” is not all right. However, the gas pipeline is not only economic but also political goals. It is an old dream of “Gazprom” — it can be used to regulate the supply to the Western and European direction. However, if their own resources to fill the “power of Siberia”, “Gazprom” is not enough, then he will have to go against their beliefs and finally allow independent Russian producers to the most intimate — your export pipe”.
