Russia and China Expect to Sign a Deal for Power of Siberia 2 Pipeline Soon

Russia and China expect to finalize soon the preliminary work on the natural gas link Power of Siberia 2 and sign an agreement on the pipeline’s construction, Russian Deputy Prime Minister Alexander Novak said in China this week. “We plan to finalize the review of the project and sign soon the deal to build the pipeline with a capacity of 50 billion cubic meters of gas via Mongolia,” Novak told Russian television, as carried by news agency Interfax. Russia and China also plan “other new projects,” Novak, Russia’s…