Gazprom postpones start of gas pipeline construction

Gazprom has postponed start of the construction of the Power of Siberia gas pipeline for fuel supply to China from November to the first quarter of 2014, the Vedomosti reports.

The decision on time displacement is connected with the fact that Gazprom hasn’t agreed with Beijing on supplies. Earlier the monopoly’s managers repeatedly stated that they found no sense in the pipeline construction before the contract conclusion.

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