Russian President Vladimir Putin announced that his government is creating a plan to put together a pipeline between Russia and China according to Breitbart News.
According to the publication, Putin said after meeting with Mongolian president Ukhnaa Khurelsukh in Moscow the studies are attempting to ascertain the feasibility of putting the pipeline across Mongolia:
“The project of cross-border pipeline construction over the territory of Mongolia from Russia to China is considered in practice. The work is in progress and it is progressing successfully,” Putin said.
“The optimal route, length and other parameters have already been determined. The feasibility study is being prepared. I believe it will be ready in broad terms in weeks to come,” Putin said.
Putin’s statement indicated that the country has been working on the development since December of 2019.
It was late 2019 when Russian state oil company Gazprom who signed a memorandum of understanding with the government of Mongolia to build the extension of the nation’s Power of Siberia 2 gas pipeline
Russian state media outlets reported that the project will be breaking ground in 2024 and once it’s completed the pipeline will have high capacity than the current Power of Siberia 2 does.
“Thursday was Putin’s first meeting with Khurelsukh and the Mongolian president’s first foreign trip since his election in June,” Breitbart reported.
“Putin said he was honored Khurelsukh chose Moscow as his first destination and noted this year is the 100th anniversary of diplomatic relations between Mongolia and Russia, which was the first country to recognize Mongolia’s independence.”
The Russian leader lauded the 24-percent growth in trade and a huge increase of railroad traffic during the year 2021 in his comments, saying “Certainly, we too are interested in close cooperation with our Mongolian friends.”
Mongolia’s recent struggles with elections that could cause a problem for Russia’s interests have been a big concern for the massive nation.
However, Khurelsukh declared his support for both Russia’s Greater Eurasian Partnership and China’s Belt and Road Initiative.
Talk of the pipeline comes on the heels of massive disruption in the United States oil and gas production due to drilling on federal lands being halted and a whole host of other issues that have negatively impacted the United States production totals.