Putin approves Russia’s new gas pipeline megaproject to China

the other mike

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Russian President Vladimir Putin backs Mongolia’s offer to build a transit gas pipeline to China through its territory, Mongolian President Khaltmaagiin Battulga announced at the Eastern Economic Forum (EEF).

According to the Mongolian leader, Chinese President Xi Jinping has also promised to study the project.

“Last year, I proposed creating a mechanism for coordinating activities to create an energy supernetwork in Northeast Asia. Over the past year, the Mongolian side completed the study of this issue and carried out a series of activities within our region,” Battulga said.

In 2018, the three countries agreed to establish a “China-Russia-Mongolia economic corridor.”

Battulga explained that “With the implementation of the program to create an economic corridor, we can take regional cooperation to a new level and give impetus to business development.”

Mongolia has been offering its territory for transit of Russian gas to China for a number of years, pointing to security and length of the way. China’s largest energy supplier, Russia, is currently delivering gas directly from Blagoveshchensk, Vladivostok, and Altai.

Energy supernetwork: Putin approves Russia’s new gas pipeline megaproject to China via Mongolia

Here are some articles from last year.

Russia to become China’s top supplier of gas soon

Mongolia open to Russia building gas pipeline through its territory to China
https://www.rt.com/business/429285-russia-china-mongolia-gas-pipeline/
 

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