(MENAFN- Qatar News Agency) Moscow September 01 (QNA) - China and Russia are to start construction of a joint natural gas pipeline in Russia's eastern Siberia this weekend in implementation of a natural gas supply contract signed between the two countries. China's Vice Premier Zhang Gaoli flew in from Moscow to Yakutsk the capital city of Russia's Sakha (Yakutia) Republic Sunday evening to attend a start-of-construction ceremony for the Russian part of the East Route of the China-Russia natural gas pipeline according to China's (Xinhua) News Agency. Pipe-welding will begin on Monday in the Russian part of the East Route of the China-Russia natural gas pipeline which the Russian side named Siberia Power pipeline. The pipeline will transmit 38 billion cubic meters of natural gas every year to China over a period of 30 years starting from 2018. The Russian stakeholder of the pipeline Gazprom estimates that total investment in the project could exceed 5 billion U.S. dollars. The Russian part of the pipeline will link the Kovyktin and Chayandin gas fields in Siberia with the eastern port city of Vladivostok covering a total distance of nearly 4000 km. China's Vice Premier Zhang said the breakthrough on the natural gas project and other large-scale projects helped drive the China-Russia comprehensive strategic partnership into a new era of development. (QNA)
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