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Power of Siberia 2 to close deal – or re-route?
A plan to transit Russian natural gas to China via Kazakhstan has recently triggered a hot debate among Chinese pundits over the fate of the long-discussed Power of Siberia 2 project. Dauren Abayev, Kazakhstan’s envoy to Russia, told Russia’s TASS news agency in an interview on May 4 that Kazakhstan plans to transit about 35 billion cubic meters (bcm) of Russian gas to China annually. He added that the roadmap of the project has been signed, and he said this plan and Kazakhstan’s plan to import Russian gas for domestic use have entered a price negotiation phase. Citing Abayevt, Reuters on the same day published ... (full story)