The China-Russia natural gas pipeline project is progressing slowly and is expected to significantly increase gas supply to China only after ten years.

Foreign media: The "Power of Siberia 2" gas pipeline agreement between Russia and China is expected to take at least ten years to significantly increase gas exports to China.

The pipeline is planned to transport gas through Mongolia, with an annual capacity of up to 50 billion cubic meters, but key details such as pricing and investment terms remain undecided. Even if a final agreement is reached next year, the construction and start of gas transmission are expected to take five years, and another five years will be needed to reach full capacity.

Russia is striving to shift its natural gas exports toward Asia, and currently, Russian gas accounts for 22% of China's imports.

Original: www.toutiao.com/article/1845317814773824/

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