FT: Experts Say Power of Siberia-2 Deal Only Tentative

Chinese media have so far mentioned only a package of 20 agreements with Russia, making no direct reference to the Power of Siberia-2 pipeline, Orda.kz reports, citing the Financial Times.

Earlier, Gazprom CEO Alexey Miller announced the signing of a legally binding memorandum with China on the construction of the Power of Siberia-2 gas pipeline and the Soyuz–Vostok transit route through Mongolia.

Experts caution that Moscow’s announcement is premature — it outlines intentions rather than a final commitment. Crucial commercial terms like pricing and timelines remain unresolved. As noted by Viktor Gao and Alexander Gabuev, a memorandum lacking these details can’t be considered a completed deal.