President Vladimir Putin on Wednesday inaugurated the Kovykta gas field, the largest in eastern Russia.
The major new Siberian gas field will boost supply to China, with a new section of the Power of Siberia gas pipeline also built for the purpose.
The Kovykta gas field also has reserves of gas condensate, a valuable chemical raw material, and pipelines and railway infrastructure has been built for transportation to the Amur Gas Processing Plant in the Russian Far East.
Kovykta’s inauguration comes at a time Russian gas exports to Europe have dropped sharply due to tensions over the Ukraine war.
Russia launched new projects, including the Power of Siberia pipeline, a decade ago for energy supplies to fast-growing markets in Asia.
The first section of the Power of Siberia gas pipeline was commissioned and began delivering gas from Eastern Siberia to China at the end of 2019.
