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A senior Russian official has said that the delay in finalizing the Power of Siberia 2 gas pipeline deal is due to logistical challenges rather than disagreements over price, and that the issue is expected to be resolved soon. Boris Titov, chairman of the Russian part of the Russia-China Committee of Friendship, Peace and Development and special envoy of the Russian President, made the remarks in an interview with TASS, the Russian state news agency, on June 14.

Coverage Comparison

The statements were reported by TASS in two separate English-language dispatches, both dated June 14. The first focused on the pipeline, quoting Titov as saying that "the issue lies in technical problems" and that the route of the pipeline needs to be decided. The second dispatch addressed bilateral payments, with Titov saying that businesses have found a solution through clearing platforms, including PSB, which were showcased at the recent St. Petersburg International Economic Forum.

Both stories rely solely on Titov's comments and do not include independent verification or responses from Chinese officials. As such, the claims should be viewed as representing the Russian perspective on these matters.

Key Claims

  • Pipeline Delay Cause: According to Titov, "The press wrote a lot about the Power of Siberia 2 [deal], which has not been signed yet." He added, "This is not the matter of price as many mass media outlets wrote, that we cannot negotiate the price. The issue is not with that. The issue relates more to logistics. Making a proper decision on the route of this gas pipeline." He described this as "a working point that will be solved soon."
  • Payments Between Russia and China: Titov told TASS that "the issue of payments has been resolved by now in terms of tactics" and that "the business has found a solution as always - through clearing platforms that already exist and were even represented at the St. Petersburg International Economic Forum - PSB. No problems exist at present with making payments between Russia and China." He noted that more systemic issues are now being explored.

Perspectives

While Titov's comments provide an official Russian view, they do not address any potential concerns from the Chinese side. The pipeline, which would carry natural gas from Siberia to China, has been under discussion for years, and the lack of a signed contract has fueled speculation about disagreements over pricing. Titov's assertion that logistics is the primary hurdle offers a different explanation but remains unverified by other sources. The statements on payments suggest that businesses have found workarounds to financial restrictions, but this too is based on a single official's account.

This article is based on reporting from TASS. Independent verification of the claims is pending.