Putin says planned gas pipeline to China will be mutually beneficial, use market price formula

Putin: Planned Gas Pipeline to China Will Be Mutually Beneficial

Russian President Vladimir Putin said on Friday that the planned Power of Siberia 2 gas pipeline to China was a mutually beneficial project and the price of the gas would be based on a market formula similar to the one used for supplies to Europe.

Putin says planned gas pipeline to China will be mutually beneficial, use market price formula

Russia proposed the route years ago, but the plan has gained urgency as it looks to Beijing as a customer to replace Europe.

Russia, China Move Forward on Long-Planned Gas Pipeline

Russia, China Move Forward on Long-Planned Gas Pipeline - Gazprom and CNPC sign an agreement to build the Power of Siberia 2 pipeline through Mongolia, Russian state media reports

Putin: ‘Power of Siberia 2’ Gas Pipeline with China Profitable for Both Sides

Russian President Vladimir Putin said on Friday that the planned Power of Siberia 2 gas pipeline to China would be mutually beneficial, adding that gas pricing under the project would follow a market-based formula similar to Russia’s supplies to Europe.

Putin: Power of Siberia 2 ‘Mutually Beneficial’

Impakter Russia-China Gas Pact: Market-Based Pipeline Gazprom’s 2030 Bet on Beijing Speaking at the Eastern Economic Forum in Vladivostok, Russian President Vladimir Putin branded the planned Power of Siberia 2 pipeline “one of the largest energy projects in the world.” The gas, he said, will be priced by a formula “essentially the same as for deliveries to Europe … absolutely market-based.” […] The post Russia-China Gas Pact: Market-Based Pipel…