LINE

Text:AAAPrint
Economy

Chinese VP announces start of construction on China-Russia gas pipeline in China

1
2015-06-30 09:32Xinhua Editor: Gu Liping
Workers try to lay a natural gas pipeline for the Chinese section of the China-Russia East Route natural gas pipeline in Heihe, northeast China's Heilongjiang Province, June 29, 2015. The 3,968-kilometer China-Russia East Route natural gas pipeline, which extends from gas fields in Russia's Far East to east China's Shanghai, started construction on Monday. It is designed to transport 38 billion cubic meters of natural gas from Russia to China every year. (Photo: Xinhua/Song Fulai)

Workers try to lay a natural gas pipeline for the Chinese section of the China-Russia East Route natural gas pipeline in Heihe, northeast China's Heilongjiang Province, June 29, 2015. The 3,968-kilometer China-Russia East Route natural gas pipeline, which extends from gas fields in Russia's Far East to east China's Shanghai, started construction on Monday. It is designed to transport 38 billion cubic meters of natural gas from Russia to China every year. (Photo: Xinhua/Song Fulai)

Chinese Vice Premier Zhang Gaoli announced in Beijing Monday afternoon start of construction on the Chinese section of the China-Russia East Route natural gas pipeline.

Zhang said the Chinese side is ready to work with the Russian side to ensure that the pipeline will be completed and put into operation on schedule in 2018.

The 3,968-kilometer pipeline, extending from gas fields in Russia's Far East to Shanghai, is designed to transport 38 billion cubic meters of natural gas from Russia to China every year.

Russian Prime Minister Dmitry Medvedev joined Zhang at a televised inauguration ceremony that was held simultaneously in Beijing, Moscow and the border city of Heihe in northeast China.

In a speech at the ceremony, Zhang said the East Route gas pipeline is the largest China-Russia cooperative project conducive to diversifying energy strategy and guaranteeing the energy security of both countries.

In last September, construction started on the Russian section of the East Route pipeline, also known in Russia as the Power of Siberia pipeline. As a representative of Chinese President Xi Jinping and Premier Li Keqiang, Zhang flew to Yakutsk in Russia to join Russian President Vladimir Putin at the inauguration ceremony.

Zhang said the two sides should advance long-term cooperation on oil, natural gas pipelines, gas development and integration of coal mining, power generation and transmission.

He said the two sides should expand all-round cooperation in the areas of investment, manufacturing capacity, finance, high-speed rail, agriculture and development of Far East region. He said the two sides should also integrate China's Silk Road Economic Belt initiative with development of the Russia-led Eurasia Economic Union in a bid to achieve more fruits in bilateral cooperation for the benefit of the two peoples.

Medvedev said through a tele-conference system that the Russia-China East Route natural gas pipeline was one of the world's largest energy projects and a symbol of the high level of the comprehensive strategic cooperative partnership between the two countries.

Medvedev said the gas pipeline will help propel economic and social development and lift people's living standards in regions along its route in the two countries. He said the Russian side is ready to further expand all-dimensional cooperation with China so as to promote the common development and prosperity of the two countries.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.