Power of Siberia 2: Game-Changer Pipeline or Empty Promise Between Russia and China?

News Snapshot:

Russia and China have signed a legally binding deal to build the Power of Siberia 2 pipeline, according to Gazprom. The project is one of the biggest gas plans in the world and could change global energy flows. Gazprom CEO Alexei Miller said the agreement includes both the Power of Siberia 2 and the Soyuz Vostok transit line through Mongolia. Once finished, the pipeline could deliver up to 50 billion cubic meters of gas each year from Russia’s Arctic fields to China, for the next 30 years. Miller also claimed the gas would be sold at a lower price than...