Russian Deputy Prime Minister: Russia and Turkey will soon reach an agreement on the gas hub project

According to Russian satellite news agency reported on the 25th local time, Russian Deputy Prime Minister Alexander Novak told the media that Russia's Natural gas company Gazprom and Turkey's Botash oil and gas pipeline company are closely cooperating on the gas hub project, and the Turkish delegation plans to visit Russia's St. Petersburg, he believes that the two sides will reach an agreement on the implementation of the project in the near future.

In October, the leaders of Russia and Turkey tasked the relevant departments to plan the construction of a gas hub in Turkey, hoping to continue the flow of Russian gas to Europe after the "Nord Stream" pipeline through the Baltic Sea was damaged. Novak has said that Russia is not only considering the establishment of a natural gas trading platform in Turkey, but also will invest in infrastructure construction and increase gas transmission to European countries.

The Russians have another idea! Although the Siberian 2 gas pipeline is still not settled, Putin has decided to build another pipeline to meet the needs of our country. It can be said that this agreement is tailor-made for our country. Mongolia, sandwiched between China and Russia, is missing out on development opportunities.

Russia is rich in natural gas reserves, and China is committed to protecting the environment, and the development of energy gradually focuses on clean energy. Therefore, for a long time, China has wanted to build natural gas pipelines with Russia and carry out deep natural gas cooperation. China can provide a huge market for Russia, and Russia can contribute to our energy security. It's a win-win. But before the conflict with Ukraine, the Russians were mostly indifferent to us. Therefore, the Siberian No. 1 pipeline has passed 11 years since it was proposed to the project.

From the establishment of the project to the start of construction, it has been delayed for a full six years. Until the completion, and then put into use, another five years have passed. You can see how efficient the Russians were at that time. But it's also possible that the Russians don't really value cooperation with our country, so they're not so active in moving forward. After the conflict with Ukraine, Russian attitudes changed completely. Since Putin began to look east, Russia has opened its arms to our country. In the field of natural gas, it is even more important to negotiate the construction of the Siberian 2 pipeline project with our country. But the project ran into problems.

According to Putin. In the negotiation of the project, China is a more difficult to win the "opponent", but the problem is not big. And there are a lot of news before that this project can not be negotiated, the price is the most important issue. The thing is, it's been a long time. The two sides have also had many exchanges during the period, if it is really just a price issue, it should not be so difficult to finalize. This brings me to another point of concern in the Siberian 2 pipeline project. That the pipeline would pass through Mongolia. This poses a conundrum for both China and Russia.

Siberian No. 2 pipeline, the Russians must pass through Mongolia, why? If the project involves a third country, or Mongolia, which is in a very special geographical position, what will be the difficulties?

In the context of the Russia-Ukraine conflict, Russia faces the entire United States and the West alone. They need friends. Mongolia's geographical location undoubtedly increased their importance to the Russians. Moreover, the United States has long wanted to make an issue of Mongolia, want to bury a "thunder" between China and Russia, and continue to show good will to Mongolia. In this case, Russia wants to use this gas pipeline to gain the friendship of Mongolia. On the other hand, there is the issue of cost. If the Siberian No. 2 pipeline can pass through Mongolia, it can be directly connected to our country.

If not, then we can only reverse the planned course. Or modify the beginning and end of the pipeline. Or reroute around Mongolia. At present, Russia's economic situation is not good, and GDP has been negative for a long time. We must keep the cost within an acceptable range. And if you have to go through Mongolia, although the Mongolian people have long publicly stated that they are ready to cooperate with the project. But some problems cannot be ignored. The first is the increasing difficulty of construction. The part in Russia, the part I'm in charge of must be fine.

What about in Mongolia? Sino-russian cooperation or tripartite cooperation between China, Russia and Mongolia? Whatever you do, after all, it is in a third country, and the risk of problems is great. And the second point, again, comes from risk considerations. The issue of the Nord Stream pipeline is no longer the focus of international attention, but everyone has the most basic judgment on what is going on. Some people want to impose further sanctions on Russia and even drive a wedge between Russia and European countries. So this Siberian No. 2 pipe, since it passes through Mongolia, does it also face this risk? It is probably with these issues in mind that this agreement has not been reached. Before that, Russia came up with a new gas deal, and it was tailored to our country.


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