In the shifting geopolitical landscape post the Russia-Ukraine crisis, Chinese foreign minister Wang Yi is likely to propose a Russia-China-India (RCI) oil/gas pipeline project during his upcoming New Delhi visit later this month.
The move is said to have been formulated in response to the US sanctions against Moscow not only hitting the economic interests and businesses of Russia but also hitting India and China hard, top sources privy to the development said.
The possible proposition of the RCI Pipeline project comes in the backdrop of the Tajikistan-Afghanistan-Pakistan-India (TAPI) Pipeline not taking off due to security risks posed by a destabilised Kabul and the perennial anti-India stance of Islamabad.