Russia wants a bigger slice of the Chinese gas market, but Beijing’s desire for supplier diversity stands in the way.
Construction workers work on a section of the Power of Siberia gas pipeline in China's Hebei province, April 2020. Credit: Imaginechina via AP Images
On February 28, just four days after Russia invaded Ukraine, its state-owned energy giant Gazprom agreed with Mongolia to proceed with plans for one of the world’s largest gas pipelines, aiming to link Russian fields which currently supply Europe to energy-hungry China.
There’s just one hitch: Beijing isn’t yet fully on board.
Gazprom has long been agitating for a deal to supply gas to China via the so-called Power of Siberia 2 pipeline (also known as Soyuz Vostok). Once
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