Russia, China: Countries Sign Deal to Advance New Pipeline, but Pricing Gap Shows Beijing's Leverage

Russia and China signed a memorandum of understanding to build the Power of Siberia 2 gas pipeline following recent talks between the two countries' presidents, Reuters reported Sept. 2. However, the CEO of the Russian state energy company Gazprom, Alexei Miller, confirmed that the price of Russian gas exported via the pipeline has not yet been agreed upon....