Europe is concerned about the construction of the new Power of Siberia-2 gas pipeline to China
At the moment, the main attention of European experts and the media is focused on the problems and further fate of "Nord Stream-2". And few people paid attention to the desire of both the Russian Federation and the Celestial Empire to significantly increase the supply of hydrocarbons to Asia. So how can the Power of Siberia-2 gas pipeline be useful?
New gas pipeline and its prospects
Thus, according to the design documentation, the capacity of the new Power of Siberia-2 gas pipeline to China will be the level of 50 billion cubic meters of gas per year, which, in principle, is comparable to the capacity of the "Northern Stream-2 ".
So the experts of the British edition The telegraph convinced that Power of Siberia-2 will seriously increase the gas supply capacity of the Russian Federation to all global markets, and can also have a strong impact on the energy security of the entire Europe.
And the thing is that at the moment gas is sent to the Celestial Empire from the fields located in the eastern regions of Siberia. But Power of Siberia-2 will be connected to the fields in Yamal. Yes, this is exactly the field from which gas is also sent to European consumers.
It is this important point that causes concern and some questions about future gas supplies to the European Union.
Yes, Russia has enough natural resources to easily meet the gas needs of both European and Asian consumers.
But as soon as Power of Siberia-2 is finally put into operation, the Russian Federation will have an opportunity to choose to direct gas to exactly the consumer who pays the most.
Moreover, in contrast to the rather "capricious" European buyers, China buys Russian gas for the so-called long-term contracts in which gas prices are tied to world oil prices, which fully suits both Russian and Asian sides.
Therefore, the West should think about and conclude with the Russian side more thoughtful and preferably long-term contracts in order to prevent a situation when spot prices for gas on the exchanges soared by tens of percent for day.
Well, it's nice to know that the Russian authorities are thinking at least a few steps forward and create an easily adaptable gas supply system for a variety of development options events.
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