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Power of Siberia: China keeps Putin waiting on gas pipeline

Beijing is driving a hard bargain as Moscow presses for a new Sino-Russian pipeline through Mongolia

Russia’s prime minister left China this week without a reward Moscow has long prized: a clear commitment from Beijing on Power of Siberia 2, a grand gas pipeline project to transform energy flows across Asia.

Conceived more than a decade ago to help Russia “turn to the east”, the pipeline through Mongolia to China was a way to diversify gas sales, bolster revenues, and give the Kremlin more diplomatic clout.

That project, first dubbed “Altai” after the mountainous region of southern Siberia, has taken on new urgency since the invasion of Ukraine, with Moscow seeking new outlets for gas that flowed to Europe before sanctions stood in the way.

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