BLUF

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".

Summary

Teng Juan Xuan writing in the Moscow Times, makes the following points:
  • 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.

    References

    Recent Runway Posts related to this topic:
    References from the Web:
    Source Information