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The project that reverses the direction of Russian gas to the East is almost ready

Power of Siberia-2 connects Russia and China

Aug 21, 2024 22:39 525

The project for a gas pipeline from Russia to China through Mongolian territory "The Power of Siberia-2" is almost ready, and the start of its implementation will be possible after negotiating the price conditions and volume of deliveries. This is how the official representative of the Russian Foreign Ministry, Maria Zakharova, commented on the information that Mongolia allegedly did not include the gas pipeline in its national development plan until 2028.

„The project is at a high level of readiness, the start of practical implementation will be possible immediately after the agreement with the Chinese side on the price conditions, the volume of supplies and the signing of binding documents,” she said at a briefing.

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According to Zakharova, the relevant negotiations between "Gazprom" and the China National Petroleum Corporation. “If initially the Mongolian partners wanted to limit themselves only to the role of a transit country, now they are considering the possibility of using part of the cheap pipeline gas for the development of their own economy, industry and infrastructure,“ the diplomat added.

Project for the construction of the gas pipeline "Power of Siberia-2" for China via Mongolia with a capacity of 50 billion cubic meters. gas suggests that the sources of raw material for it should be the resources of the Yamal Peninsula, the Nadim-Pur-Taz region of the Yamalo-Nenets Autonomous District.