The signing of a large natural gas order between China and Russia has been delayed, and Mongolia is

Mondo International Updated on 2024-02-04

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Value 2The 4 trillion yuan Sino-Russian natural gas cooperation project has not been finalized, and Mongolia, as an important node sandwiched between China and Russia, is of great strategic significance for this project. However, due to Mongolia's close relationship with the United States, the progress of the project has been affected by uncertainties, so it has not been able to move forward. However, what is surprising is that Mongolia took the initiative to show favor to China when the project was not finalized for a long time. In the report of the "Global Times", it was pointed out that Oyun Err of Mongolia actively promoted the tripartite summit with China and Russia, hoping to strengthen cooperation between the three countries, especially the best relations between China and Mongolia, in order to establish friendly relations. The reason why Mongolia is so eager to show favor to China is obviously because of the huge economic interests behind it. Once the Siberian-2 gas pipeline is completed, Mongolia will not only enjoy high-quality and affordable natural gas resources, but also collect tolls and create a large number of jobs. Mongolia** expects the project to generate more than $2 billion per year in revenue for Mongolia. However, given the impact of the previous rare earth incident, Mongolia insists on cooperating with China, which also makes China more cautious in this cooperation. After all, if Mongolia changes its position again and directly cuts off natural gas from China and Russia, it will put China in a more passive position. It can be seen that Mongolia is a golden opportunity for this pipeline transit cooperation, so Mongolia is unwilling to let this opportunity slip away. Therefore, Mongolia not only promised to build 7 dry ports to improve the efficiency with China, but also promised to double its exports to China in the future. According to customs data, China's total foreign trade with Mongolia reached 94 billion yuan last year, equivalent to four times the 370 billion yuan promised by Mongolia. It can be said that Mongolia is more eager than China to promote this natural gas cooperation project.

The significance of the China-Mongolia natural gas cooperation project is self-evident. For China, not only can it get a steady stream of natural gas from Russia**, but it will also be able to avoid sea lanes such as the Persian Gulf and the Strait of Malacca, reducing the risk of energy imports. For Mongolia, participating in Sino-Russian natural gas cooperation can take advantage of China's economic development opportunities and promote its own economic development. As a landlocked country between China and Russia, Mongolia has long been eager to establish itself as an important economic hub through cooperation with China. This natural gas cooperation project is undoubtedly a once-in-a-lifetime opportunity for Mongolia. Therefore, the Mongolian side actively promoted the tripartite summit with China and Russia, strengthened exchanges with China, and promised to increase exports to China to show its sincerity. Mongolia expects the project to bring more than $2 billion a year to Mongolia, so they want to move the project forward as soon as possible. Mongolia is also showing a keen interest in China's development opportunities in various areas, not only in the field of natural gas, but also in technology, industry, ** and other fields. After all, China's market is huge and its consumption power is strong, and giants from all over the world do not want to give up the opportunity to cooperate with China. For Mongolia, cooperation with China can not only obtain economic benefits, but also promote the transformation and upgrading of Mongolia's economy. Therefore, the Mongolian side showed great sincerity and enthusiasm at the tripartite summit.

For China, the willingness to cooperate is clear. We welcome cooperation with Mongolia, but we do not want to be wronged. In negotiations with Russia, China made it clear that it would only be responsible for the construction of the internal part of the pipeline, and that Russia and Mongolia would be responsible for the construction of the project. In addition, China also has the right to price natural gas in the cooperation,** which should take into account common interests rather than being a single power. China's attitude is very clear, we are willing to cooperate, but we will not let others take advantage of us. After all, our past experience tells us that in the international **, we can't always plant trees for others to enjoy the shade. We hope to cooperate with Mongolia, but we also hope that Mongolia can provide more practical actions to promote the smooth progress of cooperation. For Mongolia, there is no extension of this natural gas cooperation project.

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