Putin Plan for Second China Gas Pipe Will Depend on Price
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Russia’s plan to build a second gas pipeline to China would cement President Vladimir Putin’s policy of tilting energy exports toward Asia. Fulfilling his goal will probably come at a price.
The pipeline from western Siberia to China has long been a Russian aim for two reasons -- it’s a relatively short distance from the fields to China’s border and the same deposits also serve European customers, allowing state gas company OAO Gazprom to switch supplies between the two markets.