Amount of investments in construction of Power of Siberia to be $55 billion

The amount of investment in the project of the Gazprom’s gas transportation system Power of Siberia, taking into account the development of fields, is estimated at $55 billion, the head of the Russian Energy Ministry Alexander Novak stated.

"Power of Siberia is a large-scale project, the value of which with the development of fields will be $55 billion, to date the assessment is so. And it's a huge order for our industry, because more than 90% of the equipment, pipes and other things will be ordered, of course, at our enterprises. Today, due to the fact that the construction has begun, our metallurgical enterprises have received a new order,"- said Mr. Novak.

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