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Gazprom estimates the cost
of the "Power of Siberia" pipeline at about
Rub 770 Billion (€15.8 Bn,
$20.8 Bn). It means that the new East Siberian project is one of the least
expensive pipelines of Gazprom of the past decade.
Specifications of Selected Pipeline Projects of Gazprom
|
Pipeline
project |
D, |
L, |
P, |
Year |
Cost per 1 km in Millions of |
|
mm |
km |
MPa |
of CE |
Rub |
EUR |
USD |
| Southern Corridor |
1420
|
2506 |
9.8 |
2012 |
295 |
7.4 |
9.5 |
| Sakhalin-Khabarovsk-Vladivostok |
1220
|
1837 |
9.8 |
2009 |
254 |
6.0 |
8.1 |
| Gryazovets-Vyborg-1 |
1420
|
917 |
9.8 |
2007 |
168 |
4.9 |
6.3 |
| Power
of Siberia |
1420
|
3968 |
9.8 |
2014 |
194 |
4.0 |
5.3 |
D = Diameter, L
= Length, P = Pressure, CE = Cost Estimation
Source:
Gazprom
Current Russian
contractors are very unlikely to reverse the construction cost
trend. The ROW of
"Power of Siberia" runs through a very complicated terrain,
virtually without railroads and roadways, so the costs are expected
to exceed these of the
Southern Corridor project.
Mikhail Korchemkin
East European Gas
Analysis
Malvern, PA, USA
August 31, 2014
Reproduction or use of
materials is allowed only with reference to East European Gas
Analysis or www.eegas.com
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