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Putin Inaugurates Siberian Natural Gas Field As Russia Targets Chinese Market

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Russian President Vladimir Putin on Wednesday has inaugurated the Kovykta natural gas field in eastern Siberia, located strategically to allow Russia to increase gas exports to China amid growing tensions between Moscow and the West. The inauguration is the culmination of efforts that began about a decade ago to develop new fields and build the Power of Siberia pipeline to deliver to the rapidly expanding market.

We are launching the unique Kovykta gas field, the largest in eastern Siberia. Its recoverable reserves are 1.8 trillion cubic meters of gas,” Putin said via video link during a televised ceremony.

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Source: https://oilprice.com/Latest-Energy-News/World-News/Putin-Inaugurates-Siberian-Natural-Gas-Field-As-Russia-Targets-Chinese-Market.html

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