Putin Discusses Prices of Gas Supplied Through Power of Siberia 2 Pipeline

Gas prices through the Power of Siberia 2 pipeline will be market-based, stated Russian President Vladimir Putin.

"They are calculated based on the same formula as in the case of supplies to Europe," said Putin.

It is noteworthy that a legally binding memorandum has been signed between Gazprom and the China National Petroleum Corporation (CNPC) regarding the construction of the Power of Siberia 2 pipeline and the Soyuz Vostok transit pipeline passing through Mongolia.