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2008 July 11   08:23

Gazprom forecasts sharp rise in gas consumption in eastern Russia

Gazprom predicts that by 2020 gas consumption in Russia's Primorsky region will increase tenfold, RBC reports. By that time, the holding expects its production in Sakhalin and Yakutia to run up to 57.5bn cubic meters of gas a year, according to the preliminary documents prepared by Russia's gas monopoly for the Sakhalin-Khabarovsk-Vladivostok pipeline project. The pipeline will carry 8bn cubic meters of the Sakhalin gas, while Gazprom's annual exports to Asia Pacific countries will rise from 800m cubic meters in 2015 to 30.1bn cubic meters in 2020.

The Sakhalin-Khabarovsk-Vladivostok pipeline with estimated capacity of 100m cubic meters of gas a day (36.5bn a year) will be built by the end of 2011 to cater to the needs of the Far East and Asian and Pacific Economic Cooperation projects, and later on, to export gas to Asia Pacific countries.

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