russia was looking for china to sign a natural gas deal.. sort of like the way saudi did with china a oil deal for 25 years.
russia got nothing. China sees what russia did to europe by closing off their gas. China no dummies
Best friends forever...up to a point
What are you talking about, they apparently agreed to build the "power of siberia 2" pipeline that will send far more gas to china - roughly the amount that was going through the nord stream. It'll be up and running in 6-7 yrs.
(Reuters) — Russian President Vladimir Putin held a meeting with his counterparts from China and Mongolia on Thursday, where they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
Russia proposed the route years ago, but the plan has gained urgency, as Moscow looks to Beijing to replace Europe as its major gas customer.
Negotiations will be complex, however, not least because China is not expected to need additional gas supply until after 2030, industry experts said.
What Is the Power of Siberia 2 Pipeline?
The proposed
pipeline would bring gas from the huge Yamal peninsula reserves in west Siberia — the main source of gas supply to Europe — to China, the world's top energy consumer and growing gas consumer.
The idea gained impetus when the first pipes of the currently operational Power of Siberia pipeline were laid in Russia's eastern Yakutia region in 2014.
That pipeline runs for 3,000 km (1864.11 miles) through Siberia and into northeastern China's Heilongjiang province.
The new route would cut through the eastern half of Mongolia, arriving into northern China's Inner Mongolia region, not far from major population centers like Beijing, according to a map drawn up by Russia's Gazprom.
Gazprom began a feasibility study on the project in 2020 and is aiming to start delivering gas by 2030.
The 2,600-km
pipeline could carry 50 billion cubic meters (Bcm) of natural gas a year, Gazprom says, slightly less than the Nord Stream 1 pipeline which links Russia to Germany under the Baltic Sea.
What Does Mongolia Say?
Mongolian President Ukhnaagiin Khurelsukh said on Thursday that
he supports the construction of oil and gas pipelines from Russia to China via Mongolia, adding that its technical and economic justification should be studied.
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai told the Financial Times in July that he expected Russia to begin construction on the pipeline within two years.
Luvsannamsrai also said the final route of the line through Mongolia was not yet decided, according to the newspaper.