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EconomyFACTBOX: Novak’s statements about Power of Baikal, Russia’s fuel situation

Russian Deputy Prime Minister Alexander Novak said Russia and China are discussing the Power of Baikal gas pipeline, previously called Power of Siberia 2, and have agreed to continue preparing a supply contract. He also said most independent Russian fuel stations are receiving supplies, while diesel exports remain suspended pending inventory levels and no changes to the damping mechanism are planned.

RussiaChinagas pipelinefuel market

TTASS★★★☆☆2026-09-04 11:46Original

FACTBOX: Novak’s statements about Power of Baikal, Russia’s fuel situation
Economy