Russia discusses new gas pipeline to China, says Putin

Russia discusses new gas pipeline to China, says Putin

(Reuters) – Talks are ongoing over a proposed gas pipeline linking Russia to China via Mongolia, Russian President Vladimir Putin said on Wednesday.

“We are discussing an infrastructure development project to supply Russian gas to China via Mongolia,” Vladimir Putin said during a televised meeting with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene.

The two leaders spoke at the Eastern Economic Forum in Vladivostok, Russia’s Far East.

Gas giant Gazprom has been studying the construction of a new gas pipeline — the Power of Siberia 2 — that will connect Russia to China via Mongolia for several years.

The Power of Siberia gas pipeline, inaugurated in 2019 and with a capacity of 61 billion m3 per year, already connects the two countries. The new gas pipeline would have a capacity of 50 billion m3 per year, slightly less than that of Nord Stream 1, which connects Russia with Europe.

In early February, before invading Ukraine, Russia signed an agreement with Beijing to supply 10 billion cubic meters per year.

The announcement comes as Vladimir Putin on Wednesday threatened to halt oil supplies if Westerners put a cap on the price.

(Reuters report; French version Camille Raynaud, edited by Tangi Salaün)

Reference: www.challenges.fr

It is always my pleasure to provide insightful information on important topics and if you have learned something from my article then I thank you for taking the time to share it with your friends or family.

We put a lot of heart and invest a lot of time trying to bring you the most interesting articles.
You would encourage us to do it even better in the future. Thank you!

Related Posts: