Russia’s New Siberian Pipeline to China Remains in Doubt

Although Russia’s Gazprom has announced a natural gas pipeline agreement with China, Beijing has not confirmed the deal and may never do so.
Russia’s New Siberian Pipeline to China Remains in Doubt
Russian gas giant Gazprom CEO Alexei Miller (C) shakes hands with Vice President of CNPC, President of PetroChina Wang Dongjin (L) during a signing ceremony following a meeting between Vladimir Putin and Xi Jinping at the Kremlin in Moscow on May 8, 2015. Kirill Kudryavtsev/AFP via Getty Images
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Commentary

Russia’s state oil company, Gazprom, seems to think it has a deal with China to build a second Power of Siberia (PoS-2) natural gas pipeline.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."