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Putin's Pipe Dream? Why China And Russia Are Still Unlikely To Build The Power of Siberia-2

The Power of Siberia 2 pipeline will supply 50 billion cubic meters of Russian gas annually, cutting China's liquefied natural gas imports by one-third and impacting global LNG trade dynamics.

Russia’s Gazprom made headlines in Beijing last week as it announced progress on the ambitious gas pipeline. But analysts who spoke to RFE/RL say that the megaproject is still a long way off from ever getting built.

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Moscow recently announced an agreement with Beijing to build the Power of Siberia 2 gas pipeline. But China has yet to confirm progress on the project, which has been under discussion for nearly two decades. Analysts caution that the deal is not yet final and does not include crucial details such as the price of supplies or who will build the pipeline. According to them, this indicates that the shift in the project is more of a wishful thinking …

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trend.sk broke the news in on Monday, September 8, 2025.
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