Power of Siberia 2: A Pipeline That Could Reshape Global Gas Flows
AI summaryThe Power of Siberia 2 pipeline, a proposed 2,600 km link from Russia to China via Mongolia, is moving closer to reality as contracts near finalization. With a capacity of 50 billion cubic meters per year, the project could significantly alter global energy trade, reducing China's reliance on LNG and potentially easing supply for other importers. However, analysts note hurdles remain, including pricing and geopolitical tensions.