China, Russia, and Mongolia will jointly build the Siberian Strength-2 gas pipeline, with gas prices lower than the European market.

【China, Russia, and Mongolia will jointly build the "Siberian Strength-2" gas pipeline, with supply prices lower than the European market】 Russian TV channel "Star" reported that during the SCO Summit, Moscow and Beijing signed the Memorandum of Cooperation on "Siberian Strength-2".

1. China, Russia, and Mongolia have reached an agreement to build the "Siberian Strength-2" and the "Eastern Alliance" gas pipeline through Mongolia;

2. The capacity of the existing "Siberian Strength" pipeline will increase from 38 billion cubic meters per year to 44 billion cubic meters per year;

3. The new project will transport up to 50 billion cubic meters of natural gas through Mongolia to China, which would almost triple Russia's natural gas exports to the East;

4. The design work for the project is already underway, and it is expected to be operational after 2030;

5. The price of supply to China will be lower than the European price;

In general, Moscow and Beijing signed more than 20 agreements, covering multiple fields from energy to artificial intelligence.

Original: www.toutiao.com/article/1842142287924426/

Statement: This article represents the views of the author himself.