Power of Siberia 2 is not making progres • Table.Briefings

If Moscow had its way, China would currently be buying as much gas as possible from its neighbor. Russia is eager to compensate for the collapsed demand from the EU. However, Beijing is slowing down the planned Power of Siberia 2 pipeline. This could be a tactical move, but not the only reason. Beijing is focusing on energy diversification.

When Xi Jinping and Vladimir Putin met in Moscow at the end of March, the Russian president had a seemingly big announcement after their discussions. The two countries had completed „all agreements“ regarding the construction of the Power of Siberia 2 gas pipeline.

Power of Siberia 2 is not making progress

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