Power of Siberia-2: Why Gazprom is risking billions without guarantees from China

The gas pipeline 'Power of Siberia – 2' is becoming the most expensive gas project in the world, and 'Gazprom' is investing billions of dollars in preparation for construction without confirmed participation from China. The planned cost of the project is about 30 billion dollars, but experts warn of risks and confirmations are still lacking.

However, 'Power of Siberia – 2' could open up new markets for Russia, particularly in China, providing an increase in capacity to 50 billion cubic meters per year. This project will change the gas supply strategy and shift the focus from Europe to Asia, but the final terms of cooperation have yet to be agreed upon.