Support The Moscow Times!

Oil Pipeline Completed

Russia completed its largest infrastructure project since Soviet times, expanding its eastern oil pipeline to the Pacific Ocean as it seeks to carve out a bigger share of the Asian market.

It took six years and more than $25 billion for Transneft to build the East Siberia-Pacific Ocean link to the port of Kozmino, which had formally relied on a rail link.

By completing the 4,200-kilometer line, Russia has created powerful leverage for oil-flow switches from east to west and vice versa, sending a warning to the European Union, which is heavily dependent on energy supplies from Russia. 

(Reuters)

Related articles:

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.