Vladimir Putin visited China on May 19-20. Moscow July 14 Vesti… (строительство · газопровод · россия)
Vladimir Putin visited China on May 19-20. Moscow July 14 Vesti: Chinese officials have indicated that they will sign the agreement to build the 'Power of Siberia - 2' pipeline only if Russia sells gas to Beijing at domestic prices.
Consensus
- China has conditioned the agreement on building the 'Power of Siberia-2' gas pipeline on Russia supplying gas at domestic Russian prices.
- The Wall Street Journal reported this condition based on sources.
- Russia and China agreed during President Putin's May visit to Beijing to accelerate construction of the pipeline.
- No specific timelines for construction were established during the talks.
- The 'Power of Siberia-2' pipeline is expected to have a capacity of 50 billion cubic meters per year and span approximately 6,700 km, with 2,700 km through Russian territory.
- The pipeline route will pass through Mongolia.
Points of divergence
- Chinese officials clearly stated to the head of Gazprom that they would sign the agreement only if Russia sold gas at internal market prices. — vesti
- China's negotiators requested Russia not raise the issue of pipeline construction until Moscow changed its conditions, and WSJ estimates this amounts to a subsidy request from Beijing. — kommersant
- Former State Duma deputy Alexander Babakov stated that China has achieved energy self-sufficiency and security today. — vesti
Coverage (2 sources)
- WSJ: China wants to buy gas from 'Power of Siberia-2' at domestic Russian prices — Коммерсантъ
- China sets condition for construction of the 'Power of Siberia-2' pipeline — Вести