Kremlin sees little hope for China deal on Power of Siberia 2 pipeline
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Russian dictator Vladimir Putin and Chinese leader Xi Jinping speak during a meeting at the Shanghai Cooperation Organization (SCO) summit in Tianjin, China, on Sept. 1, 2025. (Photo: Sputnik/Alexander Kazakov/Pool via REUTERS)
The Kremlin sees little prospect of reaching an agreement
with China on building the Power of Siberia 2 gas pipeline.
Talks between Russia and China on the pipeline continue “at
the corporate level,” Kremlin spokesman Dmitry Peskov said, Interfax reported.
Peskov said it was too early to say whether a final
agreement could be reached at the Eastern Economic Forum, scheduled for early
September in Vladivostok.
“We do not have such information yet. This is a corporate
process ... It is clear that discussions on this issue will continue at the
corporate level. But whether it will be finalized at the forum or not, I cannot
tell you now,” Peskov said when asked whether progress in talks with China on
Power of Siberia 2 could be expected at the forum and whether agreements could
be signed.
Peskov said the issue “was raised during Putin’s recent
visit to China.”
As reported earlier, Russian dictator Vladimir Putin failed
during an official visit to Beijing to persuade Chinese leader Xi Jinping to
back construction of the new Power of Siberia 2 gas pipeline.
Under the Kremlin-backed project, the pipeline would supply
China with up to 50 billion cubic meters of Russian gas a year.
It was also reported that Gazprom offered China highly
favorable gas pricing terms for Power of Siberia 2, which is planned to run
through Mongolia, but the Chinese side has shown no readiness to move quickly
on the project.
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