Russian gas through Power of Siberia 2 seems to be a more attractive project for China than supply from unfriendly countries. At the same time, the aggravation of the situation around Taiwan will be an incentive to accelerate the project. About this RIA Novosti stated Maria Belova, director of research at Vygon Consulting.
“Pipeline gas supply from potentially unfriendly countries looks more attractive than LNG. “An incentive for the expedited and successful completion of negotiations with China could further aggravate the situation around Taiwan,” Belova said.
According to him, the security of fuel supply through the new pipeline is one of China’s main goals.
He added that China takes the development of its own gas market very seriously. Considering that the country has increased its fuel purchases, there is also an increase in domestic production.
March 21 Russian President Vladimir Putin declaration It is during the Russia-China negotiations that the country’s energy cooperation with China is expanding and the business of the Russian Federation can meet China’s growing needs in energy carriers.