Russia is counting on a planned new pipeline to China as it seeks to make up for lost gas sales in Europe, but industry insiders see major risks around the project and question whether it will justify the huge costs. Russia has been in talks for years about building the Power of Siberia-2 to carry 50 billion cubic metres of natural gas a year from the Yamal region in northern Russia to China via Mongolia - almost as much as the now idle Nord Stream 1 pipeline under the Baltic Sea that was damaged by explosions last year. The plan has gained urgency as Moscow aims to double its gas exports to energy-hungry China to make up for the collapse of its exports to Europe following the war in Ukraine.
Analysis-Russia's weaker hand undermines case for Power of Siberia 2 gas link to China yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
TASS gets first prize of 'Loyalty to Science' in 'Protecting Historical Truth' category - Science & Space tass.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tass.com Daily Mail and Mail on Sunday newspapers.
Putin Hails Deepened Ties With China as Xi Outlines His Vision for New World Order theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.