Mongolia expects the Power of Siberia 2 gas pipeline to proceed despite geopolitical challenges. The pipeline aims to reroute 50 billion cubic meters of Russian gas to China. Negotiations are ongoing, and while the project was excluded from the government’s upcoming work programme, progress is being made, according to officials.
Mongolia remains optimistic about the Power of Siberia 2, a gas pipeline linking Russia and China. Despite current geopolitical challenges, negotiations are ongoing, with the project aimed at redirecting 50 billion cubic meters of Russian natural gas annually from Europe to China via Mongolia.
Though Power of Siberia 2 was not included in the Mongolian government’s work programme for 2024-28, officials believe progress is being made. First Deputy Prime Minister Gantumur Luvsannyam stated that the discussions regarding the pipeline continue and that advancements are occurring.
Luvsannyam clarified that the exclusion from the government programme does not reflect a lack of commitment but is due to the complexities of the issue, stating, “it is an issue that cannot be decided one-sidedly by [the Mongolian cabinet].” This highlights the necessity for collaboration among all parties involved in the pipeline’s development.
In summary, Mongolia is confident in the continuation of the Power of Siberia 2 pipeline project despite geopolitical tensions. Negotiations are active, though recent updates from Russian and Chinese officials are limited. The Mongolian government remains cautious about unilateral decisions regarding the project, emphasizing the need for multi-party discussions.
Original Source: www.scmp.com
