“Even if the Kremlin manages to complete its Power of Siberia 2 pipeline project by 2027, its planned capacity of 50 billion cubic metres per year will still not be enough to offset the loss of the European market. Also, the fact that…
ย “Even if the Kremlin manages to complete its Power of Siberia 2 pipeline project by 2027, its planned capacity of 50 billion cubic metres per year will still not be enough to offset the loss of the European market. Also, the fact that the price of gas supplied via the new pipeline will be agreed separately indicates that the Kremlin will almost certainly have to accept terms favourable to Beijing, highlighting Russiaโs reduced leverage and increasing reliance on China.” https://www.scmp.com/opinion/world-opinion/article/3324450/why-china-not-russia-will-gain-most-power-siberia-2-pipeline