Before the pipeline was built, the crude oil and natural gas sold to the Chinese side could only be transported by sea shipping, and not to mention the high cost of shipping, the quantity was simply not large enough.
Now, with the pipeline in place, it can continuously transport crude oil and natural gas 24 hours a day, with transportation costs being almost negligible, requiring only regular maintenance and inspection of the pipeline.
It can be said that the revenue of Yukos and Russian Gas Industry will surge this year.
Wang Ye's dividend at the end of this year will be very substantial...
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Originally, the Kremlin had said they would personally attend the ribbon-cutting ceremony, but due to schedule conflicts with an important international conference, they had to delegate full authority to Wang Ye to represent them.
