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What is the Power of Siberia 2 pipeline that Russia, China are planning?

What is the Power of Siberia 2 pipeline that Russia, China are planning?

Summary

Russia and China have agreed on the route and basic plans to build the Power of Siberia 2 pipeline, which would carry Russian natural gas through Mongolia to China. The pipeline aims to start construction soon but still needs to finalize commercial details like price, and it could take about ten years to reach full capacity.

Key Facts

  • The Power of Siberia 2 (POS-2) pipeline is planned to be 2,600 kilometers (1,616 miles) long.
  • It will transport Russian natural gas from western Siberia to China, passing through Mongolia.
  • The pipeline’s expected capacity is 50 billion cubic meters of gas per year, about twice the UK's annual electricity use.
  • The POS-2 pipeline is almost as large as Nord Stream 1, an important Russian gas route to Europe.
  • Russia wants to replace lost gas sales to Europe by selling more gas to China.
  • China sees the pipeline as a safer alternative to LNG shipping, which crosses risky sea chokepoints.
  • Building the pipeline is complex and may take around ten years to operate at full capacity.
  • Russia and China have agreed on the route and project basics but have not finalized the price or timeline.
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