Up to 50 billion cubic meters per year: China and Russia will build a new gas pipeline

To spread: the Russian company Gazprom has signed a legally binding agreement on the construction of the gas pipeline "Siberia 2" to China through Mongolia. Gazprom also states that they increase the flow of gas with the existing route "Siberia". Details for construction timing, price negotiations and financial conditions are not yet disclosed, Bloomberg writes.

However, the Russians have already voiced a rather ambitious plan for the supply of up to 50 billion cubic meters of gas a year because of Siberia 2 for 30 years - and the price is promised lower than the one now being charged from clients in Europe. Gazprom also agreed to increase the gas flow to China through the existing Siberia Power Route. Its current annual capacity is 38 billion cubic meters. The publication notes that so far, only Miller's head made specific statements.

The Chinese side of official comments on this did not give, and the State Information Agency of the PRC "Sinhua" reported only a number of agreements signed during bilateral meetings. It was the gas pipeline "Siberia 2" that was not mentioned separately in these messages. It should be recalled that discussing this gas project for some time has stalled.

For the Kremlin, it would mean serious success - especially against the background of the EU by the end of 2027, it plans to completely abandon Russian gas supplies. However, Beijing retained some caution, because he did not want to depend too much on one supplier. However, China did not lose interest in Russian gas. Earlier, Focus reported that in China did not want to give money on the gas pipeline '' Siberia 2 ''. Beijing believed that most of the funding should take over Russia.