Mongolia expects Russia to begin construction of the “Power of Siberia 2” gas pipeline through its territory to China within two years, as Moscow moves to connect its Europe-supplying gasfields to Asia for the first time.
Mongolia’s prime minister Oyun-Erdene Luvsannamsrai told the Financial Times that while the war in Ukraine had clouded planning for the line, he expected construction to go ahead.
The Power of Siberia 2 project has become critical to Russia as it faces losing Europe as a market for its gas following its invasion of Ukraine and accusations it “weaponised” supply to create a price crisis in the EU.
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