Russian Gazprom signed an agreement to…

Russian Gazprom signed an agreement to build the Power of Siberia 2 gas pipeline to China via Mongolia. Gazprom also agreed to deliver more gas to China through two other routes: the existing Power of Siberia pipeline and the Far Eastern Link (planned to start working in 2027).

Gazprom will ship up to 50 billion cubic meters a year via the Power of Siberia 2 for 30 years. However, the price will be lower than what Europe currently pays (and, obviously, China will make full use of being Russia's main buyer to bargain for a price as low as possible).

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