Stalemate in Natural Gas Negotiations Between China and Russia

Reported 8 months ago

During Russian President Putin's visit to China in mid-May, he hoped to sign the 'Power of Siberia 2' contract with Beijing, aiming to redirect natural gas from Europe to China to support Russia's wartime economy. However, China has not made commitments due to factors such as gas prices and demand. The dependence on 'Power of Siberia 2' would rise if conflict arises between China and the US. The negotiations' outcome is crucial for both countries and impacted by geopolitical tensions.

Source: YAHOO

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