17 June 2024
FEATURE: Gazprom’s ‘pivot to Asia’ slows on Chinese uncertainty
Publication date: 19 February 2016
Gas Strategies Group
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Bidding deadlines for the construction of the RUB 156 billion (USD 1.98 billion) 822 km section of the Power of Siberia (PoS) 1 pipeline to North East China were tight. The tender was announced on 30 November last year, with an initial deadline for bids on 18 December. But just ten days after receiving the proposals, Gazprom cancelled the tender.