The Power of Siberia 2 pipeline could deliver 50 billion cubic meters of gas from Russia to China annually. But so far, both nations have only agreed to advance "research and consultation".
- Pre invading Ukraine, Russia was the world's largest exporter of liquefied natural gas until replaced by Australia.
- Western sanctions have forced Russia to find new gas export markets.
- The existing Siberian pipeline supplied 15.5 billion LNG cubic metres in 2022.
- China is probably concerned about being over-reliant on Russian energy.
Recent Runway Posts related to this topic:
References from the Web: