The ultimate owner of a new gas pipeline from the Krasnodar Territory to Crimea will be a subject of the Russian Federation.
Journalists in Moscow learned the news as it was reported by the Minister of Energy of the Russian Federation, Alexander Novak.
According to him, the interim owner of the system could be one of the organizations which has won a contract to carry out work on the project. The beginning of construction of a gas pipeline to Crimea is scheduled for the first half of 2016 and the end of 2018. The project will be prepared by the Crimean Institute "Shelf" in October-November 2015. Construction costs for the gas pipeline for Crimea are estimated at 20 billion rubles. 14.3 billion of this amount is the cost of the pipe that will run across the Kerch Strait and down the peninsula through Simferopol to Sevastopol. Its diameter ranges from 500 to 700 mm. The gas transportation system will pump up to 4 billion cubic meters of gas per year to provide fuel for power stations in Simferopol and Sevastopol. They are also expected to be commissioned by 2018. Currently, Crimea demands 2 billion cubic meters.