China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection as Beijing juggles its energy security needs with diplomatic priorities.
ANALYSIS-China prioritising Turkmenistan over Russia in next big pipeline project hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Moscow is currently working on securing its second Siberia pipeline connection with China, known as the Power of Siberia 2. This move is seen as an effort to compensate for the decrease in sales to Europe caused by the Ukraine crisis. Chinese oil officials and industry consultants believe this presents an opportunity for Beijing to advance its central Asian project further.
SINGAPORE/ASHGABAT (Reuters) - China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities. | 01:51am
China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities.