Mongolia remains hopeful for the Power of Siberia 2 gas pipeline between Russia and China, aiming to redirect 50 billion cubic meters of gas yearly. Despite its omission from the 2024-2028 work program and limited updates, Deputy Prime Minister Gantumur Luvsannyam assures that negotiations are progressing.
Mongolia remains optimistic about the Power of Siberia 2 gas pipeline, intended to connect Russia and China, despite the prevailing geopolitical tensions. These tensions may influence the dynamics among Beijing, Moscow, and Washington. If completed, the pipeline is projected to transport 50 billion cubic meters of Russian natural gas annually to China, replacing supplies to Europe.
Although the Power of Siberia 2 has not been included in Mongolia’s government work program for 2024-2028 and there are limited updates from Chinese and Russian officials, progress is reportedly being made. Gantumur Luvsannyam, Mongolia’s first deputy prime minister and minister of economy, emphasized that negotiations regarding the pipeline are ongoing and advancing.
Luvsannyam explained that the omission of the project from the official program is due to its complexity, noting it cannot be resolved unilateral by the Mongolian cabinet. He expressed confidence about the continuity of discussions around this vital infrastructure project.
In summary, Mongolia continues to anticipate the advancement of the Power of Siberia 2 gas pipeline project, which aims to redirect Russian natural gas from Europe to China. Despite the absence of the pipeline from the country’s immediate work program and limited communication from relevant authorities, ongoing negotiations suggest a potential path forward. Gantumur Luvsannyam’s statements affirm a commitment to collaborative decision-making surrounding the project.
Original Source: www.scmp.com
