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During the period of Russia's economic difficulties, China became an important partner of Russia, giving support and help to the Russian economy. Recently, Putin held secret talks with China to try to reach a consensus on cooperation, and China agreed to Russia's request. However, China's hundreds of billions of dollars in funds make it impossible for Russia to easily win this cooperation project. In recent news, the Russian Deputy Prime Minister announced important information about the Sino-Russian gas pipeline project "Power of Siberia 2", saying that the two sides are discussing various details of cooperation on the project, including ** and delivery methods. This also indicates that the project is still in the negotiation stage and has not yet been finalized. However, some netizens have some knowledge of the matter and expressed doubts and dissatisfaction with the fact that the gas pipeline needs to reach China through a detour from Mongolia. They believe that why the energy transmission pipeline cooperated by Russia and China has to detour through Mongolia, does this mean that Russia's cooperation sincerity is not enough, and is there any selfishness? Because according to the usual practice, China needs to pay a certain amount of borrowing money to Mongolia, which means that Russia may be using China's cooperation to secretly close relations with Mongolia. The pipeline, which is designed to carry 50 billion cubic meters of natural gas, is not designed to facilitate Mongolia's energy supply, which as a whole has a relatively backward economy and does not need to purchase large quantities of natural gas. Therefore, this detour to Mongolia is really incomprehensible.
The importance that Russia attaches to the Sino-Russian gas pipeline project can be seen. Putin held talks with Gazprom in St. Petersburg, and Putin even kept talking in secret until 2 a.m., which shows the importance of this cooperation to Russia. Through the content of the Kremlin's press service's public talks, we learned that Russian state-owned enterprises are responsible for managing and developing nearly 70% of Russia's natural gas reserves, and we can imagine its importance to Russia. At the meeting, it was mentioned that according to the contract for the 2023 year, the total volume of Russian gas exports to China increased by 50% year-on-year, which is quite impressive. According to the contract for the Power of Siberia-1 pipeline, Russia will supply China with 38 billion cubic meters of natural gas energy. It can be seen that China is the main importer of natural gas to Russia, which also reflects the importance of cooperation with China. Therefore, the Russian side has accelerated the promotion of Sino-Russian natural gas cooperation and plans to open the "Power of Siberia-2" pipeline. If the total volume of the Power of Siberia 1 and Power of Siberia 2 pipelines reaches the upper limit, plus 10 billion cubic meters of the Far East pipeline, Russia's annual gas exports to China will reach 100 billion cubic meters. This figure is very staggering, and it will promote the development of Russia's energy industry, and at the same time, it will directly lead to the increase of jobs in Russia's mining and production, and provide a driving force for the orderly development of Russia's energy industry. Therefore, for Russia after losing the order to deliver gas to Europe through the Nord Stream pipeline, the smooth implementation of this cooperation project has become particularly important and urgent. The cooperation plan proposed three years ago is still under negotiation three years later, not only because the conflict between Russia and Ukraine has made the Russian economy more difficult, but also because the conditions proposed by the Russian side to pass through Mongolia may also affect the decision-making of the Chinese side. According to the statement of the Prime Minister of Mongolia, it is expected that by the end of 2029, the pipeline project will be completed in Mongolia, providing a passage through Mongolia. Many netizens said that Russia's practice of involving Mongolia in this cooperation project has indeed made the implementation of cooperation not so simple. Although China may eventually agree to cooperate, it will certainly put forward reasonable conditions and demands, and if Russia wants to win this cooperation project in one fell swoop, it will definitely need to pay more sincerity, effort and cost.
As a self-editor, I can't help but have a strong interest in the Sino-Russian gas cooperation project. Russia is one of the world's largest gas producers, while China is one of the world's largest gas consumers. Therefore, Sino-Russian gas cooperation has great potential and significance.
However, in the process of cooperation, both sides also faced some challenges and problems. First of all, due to geographical reasons, the Sino-Russian gas pipeline needs to pass through Mongolia to reach the territory of China. The design of this detour may add a certain amount of cost and time for China. At the same time, cooperation between Russia and Mongolia may also become an additional condition for Sino-Russian gas cooperation, which could complicate negotiations.
Secondly, the Sino-Russian natural gas cooperation project involves a large amount of capital investment and technical support. China has strong economic and technical strength and can provide financial and technical support to Russia. However, the Russian side needs to manage and develop its gas resources to ensure the smooth progress of the cooperation project. Therefore, there is a need for mutual cooperation and cooperation between the two sides in resource management and technical support.
Finally, Sino-Russian gas cooperation projects also face competition and uncertainty in the international market. Russia is a major exporter of natural gas, while China is a major importer of natural gas. However, there are other competitors and uncertainties in the international market, such as the shale gas revolution in the United States, which may have a certain impact on the development of cooperation projects.
To sum up, the Sino-Russian gas cooperation project is of great significance, but at the same time, it also faces some challenges and problems. The two sides need to strengthen cooperation and give full play to their respective advantages to achieve the goal of mutual benefit and win-win results. At the same time, we also expect that China-Russia natural gas cooperation will bring more opportunities and benefits to the economic development and energy security of the two countries.
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