Power of Siberia 2 Gas Pipeline

planned

Power of Siberia 2 is a major natural gas pipeline project proposed to carry gas from Russia's Arctic Yamal Peninsula to north-east China. The pipeline would extend over 4,000 km, including 2,600 km within Russia and nearly 1,000 km through Mongolia. It aims to transport 50 billion cubic meters of gas per year, potentially doubling Russia's pipeline exports to China and compensating for lost sales to Europe. The project is capital-intensive with an estimated construction cost of US$34 billion for the sections through Russia and Mongolia. The pipeline is expected to become operational likely after 2030.