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Power of Siberia 2 pipeline project

Sector: Oil and Gas • Location: Russia, China

Source: Reuters

Project
Stalled

The Power of Siberia 2 pipeline project is intended to supply 50 billion cubic meters of gas to China's northwest. It aims to reroute gas from West Siberia to China, providing a new outlet for Russian gas after losing European markets due to sanctions. However, talks between Russia and China have stalled due to disagreements on pricing and funding despite more than a decade of negotiations.

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Project Information

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The project “Power of Siberia 2 pipeline project” is an infrastructure initiative in the Oil and Gas sector, located in Russia, China. Taiyo aggregates data on it from Reuters.

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stalled

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Description

Description

The Power of Siberia 2 pipeline project is intended to supply 50 billion cubic meters of gas to China's northwest. It aims to reroute gas from West Siberia to China, providing a new outlet for Russian gas after losing European markets due to sanctions. However, talks between Russia and China have stalled due to disagreements on pricing and funding despite more than a decade of negotiations.

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Source

Source reliability

High

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100%

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More Details

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