China Is Rethinking Its Russian Pipeline Plans

Buddies in war, Russia and China appear to be frenemies when it comes to energy. As a result, Turkmenistan may be the primary beneficiary of Beijing’s need for more natural gas. Just a few months ago, Russian and Chinese officials were saying that an agreement to build a new gas pipeline connecting the two countries, dubbed Power of Siberia 2, was imminent. Now, it appears those plans have been put on hold. A recent decision by Mongolia’s government not to include funding for pipeline construction in a five-year economic plan is widely…