What is the Siberia pipeline Putin has been pushing for?published at 08:49 BST
Image source, Getty ImagesWe've just reported that a general understanding on the Power of Siberia 2 pipeline has been reached - though no further details or timings have been given.
Once completed, this natural gas pipeline is expected to carry up to 50 billion cubic metres of gas a year to China, through Mongolia, from the gas fields of Russia's Yamal. This is around 12% of China's total gas consumption, based on 2025 estimates.
A deal had been stalled for years due to disagreements over price, according to reports - but earlier this week, reports said that Russian gas giant Gazprom and the China National Petroleum Corporation hd signed a preliminary deal.
With the Russian economy under growing strain and Western sanctions chipping away at its resources, the project is likely to take on new importance for Russia. China is Russia's top trading partner and also its biggest customer for oil and gas.








