Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow's role as the world's top gas exporter.
The ceremony featured hard-hatted gas workers and videos showing the pipeline's difficult path from remote areas of eastern Siberia to Blagoveshchensk on the Chinese border. The pipeline is part of Russia efforts to develop ties with Asia -- in particular top energy importer China -- amid longstanding tensions with the West.
Work has also been completed on the first road bridge between Russia and China, further linking the two neighbours. Analysts said the three projects have long-term economic and political benefits for Russia, which has inserted itself between European markets to the west and the rapidly growing Chinese market to the east.
"This is not a commercial project," said Mikhail Krutikhin, estimating the pipeline's cost at some $100 billion, nearly double the $55 billion price tag announced by Gazprom.The Power of Siberia launch came amid continued wrangling over Nord Stream 2.
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