China’s CNPC drives hard bargain for impending Power of Siberia 2 gas deal with Russia

State-run China National Petroleum Corp., or CNPC, is negotiating to bring down the price of gas supply under the proposed Power of Siberia 2 pipeline amid expectations that a deal could emerge as early as this year if the parties agree, according to multiple sources. The highly anticipated deal, which opens a new conduit for Russian natural gas supply into… State-run China National Petroleum Corp., or CNPC, is negotiating to bring down the price of gas supply under the proposed Power of Siberia 2 pipeline amid expectations that a deal could emerge as early as this year if the parties agree, according to multiple sources. The highly anticipated deal, which opens a new conduit for Russian natural gas supply into… Read More