By Yuriy Humber and Bradley Cook
April 18 (Bloomberg) Russia plans to build the world's longest tunnel, a transport and pipeline link under the Bering Strait to Alaska, as part of a $65 billion project to supply the U.S. with oil, natural gas and electricity from Siberia.
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A 6,000-kilometer (3,700-mile) transport corridor from Siberia into the U.S. will feed into the tunnel, which at 64 miles will be more than twice as long as the underwater section of the Channel Tunnel between the U.K. and France, according to the plan. The tunnel would run in three sections to link the two islands in the Bering Strait between Russia and the U.S.
``This will be a business project, not a political one,'' Maxim Bystrov, deputy head of Russia's agency for special economic zones, said at the media briefing. Russian officials will formally present the plan to the U.S. and Canadian governments next week, Razbegin said. The Bering Strait tunnel will cost $10 billion to $12 billion and the rest of the investment will be spent on the entire transport corridor, the plan estimates.
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``It's cheaper to transport electricity east, and with our unique tidal resources, the potential is real,'' Zubakin said. Hydro OGK plans by 2020 to build the Tugurskaya and Pendzhinskaya tidal plants, each with capacity of as much as 10 gigawatts, in the Okhotsk Sea, close to Sakhalin Island. The project envisions building high-voltage power lines with capacity of up to 15 gigawatts to supply the new rail links and also export to northern America.
http://www.bloomberg.com/apps/news?pid=20670001&refer=home&sid=a0bsMii8oKXw This is utterly new to me. Talk about a bridge to nowhere in Alaska. But I guess the economics must work.