প্রকাশ: 08/09/2022
Russia is discussing
a major new infrastructure project to deliver gas to China via Mongolia,
President Vladimir Putin said on Wednesday, as Moscow looks to Beijing to
replace Europe as its major gas customer.
"We are in discussions about the possible implementation
of a major infrastructure project, I mean the supply of Russian gas to China
via Mongolia," Putin said in a televised meeting with Mongolia's Prime
Minister Luvsannamsrai Oyun-Erdene.
The two leaders were speaking at Russia's Eastern Economic
Forum in Vladivostok on the same day Putin threatened to switch off energy
supplies if the West adopts price caps on Russia's oil and gas exports.
Russia's Gazprom has for years been studying the possibility
for a major new gas pipeline - the Power of Siberia 2 - to travel through
Mongolia taking Russian gas to China.
The proposed pipeline could carry 50 billion cubic metres
(bcm) of natural gas a year, Gazprom says - slightly less than the Nord Stream
1 pipeline which links Russia to Germany under the Baltic Sea.
The existing Power of Siberia pipeline, which runs from
Russia to China, was launched at the end of 2019 with an annual capacity of 61
bcm per year. It is set to become a key revenue earner for Russia over the
coming years as Europe tries to ditch its historic reliance on Russian gas.
Just before Russia invaded Ukraine, Putin signed a new
30-year contract to supply gas to China. In 2021, Russia exported 16.5 bcm of
gas to China.
Before the Power of Siberia launched, almost all of Russia's
pipeline infrastructure was geared towards shipping supplies towards Europe
making a pivot to the East a potentially costly and time-consuming endeavour
for Moscow.
Putin also said on Wednesday that state-controlled oil
company Rosneft had reached an agreement with the Mongolian government to
expand cooperation over the supply of oil products.
- Reuters
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