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Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China, Russian Deputy Prime Minister Alexander Novak was ...
The pipeline route impacts burial sites and shrines in the region. [17] A price precedent for the Power of Siberia 2 has already been established by the Power of Siberia which is lower than the prices of Central Asian countries and China is the monopsonist buyer. [18]
Mongolia won't fund the Siberia-2 pipeline for the next four years, Radio Free Europe reports. The natural gas pipeline is an ambitious project to deepen trade between Russia and China.
Power of Siberia (Sila Sibiri, formerly named the Yakutia–Khabarovsk–Vladivostok pipeline, also known as China–Russia East-Route Natural Gas pipeline; Russian: Сила Сибири, Chinese: 中俄东线天然气管道; pinyin: zhōng é dōng xiàn tiānránqì guǎndào) is a Gazprom-operated pipeline in Eastern Siberia that transports natural gas from Yakutia to Primorsky Krai and China.
The proposed gas route from Russia's West Siberian petroleum basin to China is known as the Power of Siberia 2 pipeline. [93] For Russia, the pipeline allows another economic partnership in the face of resistance to the Nord Stream 2 pipeline.
The European Union signed a new gas deal with Azerbaijan Monday to double imports of natural gas by 2027 to at least 20 billion cubic meters.
The shortest pipeline routes from Yamal to the northern EU countries are the Yamal–Europe pipeline through Poland and Nord Stream 1 to Germany. [3] The proposed gas route from Western Siberia to China is known as Power of Siberia 2 pipeline. [11]
The proposed western gas route from Russia's West Siberian petroleum basin to North-Western China is known as Power of Siberia 2 (Altai gas pipeline). [ 112 ] In 2022, China's imports of discounts of up to 30% oil from Russia rose 55% in May, Russia displaced Saudi Arabia as China's biggest oil provider in recent months.