Russia may postpone completion of a huge pipeline to bring gas from two new fields to China, three sources with direct knowledge of the plans of export firm Gazprom told Reuters, delaying one of President Vladimir Putin's signature projects.
The sources, speaking on condition of anonymity, said the "Power of Siberia" project may be put off until Moscow completes a separate, less ambitious project to send gas from existing fields to China through a pipeline thousands of kilometres further west.
Russia has denied that it has any plans to postpone the $55 billion "Power of Siberia" pipeline, despite a fall in global energy prices that has hurt the case for the investment required to develop the new fields it would serve.
Full article is available here. Source: Reuters.