Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
Putin said Russia, China and Mongolia had completed “all agreements” on finishing the pipeline to ship Russian gas to China, and that Russia will deliver at least 98 billion cubic meters (bcm) of gas to China by 2030, although a subsequent Russian statement said pipeline details still need to be resolved.
Russia proposed the route years ago but the plan has gained urgency as Moscow looks to Beijing to replace Europe as its major gas customer.
