Putin backs trans-Mongolian pipeline
Russian leader challenges Gazprom reluctance to accept China’s preferred route for proposed new gas pipeline
President Vladimir Putin summoned Alexei Miller, CEO of Russian state-controlled gas firm Gazprom, to the Kremlin in September to consider options to construct a new gas supply pipeline to China through Mongolia, in an effort to cut through internal Gazprom resistance to the route. Putin stressed that the route had Chinese governmental support. Gazprom had earlier in the month met with representatives of CNPC, one of China’s ‘big three’ oil and gas firms, in Beijing to discuss developing a second gas pipeline to link its vast Eastern Siberian gas resources with the world’s biggest gas import market. A pipeline through Mongolia is not Gazprom’s first choice. Since finalising plans for the fir

Also in this section
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference