The Power of Siberia 2 pipeline will boost supplies to over 100 bcm of gas a year, according to the Russian president
Pricing for the billions of cubic meters of Russian gas that will flow through the Power of Siberia 2 pipeline to China will be based on market principles, set by an objective formula rather than politics, President Vladimir Putin has said.
Speaking to journalists in Beijing on Wednesday, Putin said the two countries had reached consensus on the deal structure – reportedly the largest gas project on Earth. “This is not charity – we’re talking about mutually beneficial agreements based on market principles,” he stated.
The agreeme…
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