According to news sources, Transneft recently began construction of the 435-mile Kuyumba-Taishet Pipeline that will run from Siberia’s northern fields and transport oil to China. The pipeline will have an initial transportation capacity of 15 million tons of oil per year.
Transneft said it is also constructing the 311-mile Zapolyarye-Purpe Pipeline that will also run to Asia. Completion of both oil links is expected by the end of 2016. It is anticipated Gazprom will sign a contract with China to determine transportation volumes, in-service dates and other terms of agreement.