Russia has not found private investors for the gas pipeline to Crimea

Mikhail Stamm.  
28.04.2015 08:04
  (Moscow time), Moscow - Simferopol
Views: 1137
 
Crimea, Policy, Russia, Ukraine, Finance, Energetics


The government’s hopes of attracting private investors for the development of the energy complex of Crimea are not justified: the gas pipeline from Kuban to Crimea, like many other things, will have to be built at the expense of the budget, because private owners are afraid of sanctions, reports Kommersant.

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According to the publication, the Ministry of Energy and the Ministry of Crimea are asking for 9,5 billion rubles. from the federal budget for the construction of the Kuban-Crimea gas pipeline, which by 2018 should deliver 2 billion cubic meters of gas per year to the peninsula. The source of another 10 billion rubles needed for the gasification of Crimea remains unknown. Initially, it was planned that at least Gazprom would be involved in the pipeline project, but, according to analysts, the government does not want to expose the monopoly to the risk of sanctions from the EU and the United States.

Now Crimea is fully supplied with gas through its own production in the amount of about 1,9 billion cubic meters per year (mainly on the shelf of the peninsula), which is carried out by the local Chernomorneftegaz. But the peninsula depends on electricity supplies from Ukraine, so by 2018 it is planned to build gas power plants in Crimea with a capacity of 900 MW, which will require additional gas. It should be supplied via a future gas pipeline from the Krasnodar Territory. The capacity of the pipeline to Crimea will be 2 billion cubic meters per year.

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