China's Upper Hand in Russia's Pipeline Plans
TL;DR
The delay in China's commitment to the Power of Siberia 2 gas pipeline project with Russia reveals an imbalance between the two countries that favors Beijing in energy deals, according to analysts. The pipeline could transport 50 billion cubic meters of gas to China annually, reducing Russia's reliance on European buyers. Moscow is confident the project will move forward, but China has so far avoided making an explicit commitment. Russian gas deliveries to China through the existing Power of Siberia pipeline reached a record 15.5 billion cubic meters last year.
- Second Russian Pipeline Delay Sign That China Holds 'Upper Hand' — Analysts The Moscow Times
- Xi's delay of Siberia pipeline signals limits to his embrace of Putin The Washington Post
- Cut off by Europe, Putin pins hopes on powering China instead POLITICO Europe
- Why China Keeps Pulling the Rug on Putin's Pipeline Bloomberg
- China's Economic Lifeline to Russia Gives Beijing Upper Hand The Wall Street Journal
Want the full story? Read the original reporting
Read on The Moscow Times