Russia, China in Talks on Power of Siberia 2 Pipeline Agreement
(Reuters) — Russia and China are at an "active stage" of talks on a proposed new gas pipeline, the Power of Siberia-2, carrying Russian gas via Mongolia to China, but are unlikely to sign a contract in the next couple of days, Energy Minister Sergei Tsivilev said, according to Russia state news agency TASS.
Chinese President Xi Jinping is in Moscow this week for celebrations to mark the 80th anniversary of victory over Nazi Germany in World War Two.
"The companies are working on the contract. They are in the active stage of negotiations, so I think it is unlikely - there are one or two days left - that they will manage to do this before May 9," he said, referring to Thursday's war anniversary.
Russia has been seeking agreement with Beijing for years on building the Power of Siberia-2 to carry 50 billion cubic meters of natural gas a year from the Yamal region in northern Russia to China via Mongolia.
So far, however, the parties have not been able to agree on the terms of gas deliveries. China's ambassador to Russia said last month that the route for the pipeline had yet to be defined.
Related News
Related News
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
Comments