finance
Russia and China Discuss Natural Gas Pipeline
Plans for a second natural gas pipeline from Russia to China are receiving renewed attention as energy markets adjust to recent developments. The project, known as Power of Siberia 2, would expand existing energy ties between the two countries.
May 19, 3:40 PM·1m read1 source
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Discussions about a natural gas pipeline connecting Russia and China have gained attention following recent changes in global energy markets. The proposed route would run through Mongolia and deliver additional volumes of Russian gas to Chinese buyers.
2 is designed to increase Russian natural gas exports to China beyond the volumes already supplied through the existing Power of Siberia pipeline. The new line would carry up to 50 billion cubic meters of gas annually once completed. The pipeline would follow a route through Mongolia, adding a third country to the transit path.
Construction timelines and final investment decisions have not been announced.
No construction start date or financing details have been released by either government. Officials from Russia and China have held talks on the project in recent months, though specific outcomes from those meetings remain undisclosed. The project would require new infrastructure on both sides of the border and coordination with Mongolian authorities for the transit segment.
