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Putin Adds Weight to Power of Siberia 2 Pipeline Desire

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China and Russia confirmed their interest in a Power of Siberia 2 pipeline according to Putin on Friday as part of his visit to China this week.

  • He said he expects Gazprom and China to eventually reach a deal on the pipeline.
  • Russian Deputy Prime Minister Alexander Novak was reported earlier Friday to have said that Russia and China expect to a sign a contract on the pipeline “in the near future".
  • Gazprom’s CEO did not attend the meet this week signalling Russia may be trying to take a harder line approach to the project after reportedly being asked for steep discounts on the flows in the past.
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China and Russia confirmed their interest in a Power of Siberia 2 pipeline according to Putin on Friday as part of his visit to China this week.

  • He said he expects Gazprom and China to eventually reach a deal on the pipeline.
  • Russian Deputy Prime Minister Alexander Novak was reported earlier Friday to have said that Russia and China expect to a sign a contract on the pipeline “in the near future".
  • Gazprom’s CEO did not attend the meet this week signalling Russia may be trying to take a harder line approach to the project after reportedly being asked for steep discounts on the flows in the past.