Power of Siberia 2. EU faces dark, EXPENSIVE energy future
The Duran Podcast
The Duran
4.5 • 737 Ratings
🗓️ 8 September 2025
⏱️ 37 minutes
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Summary
Power of Siberia 2. EU faces dark, EXPENSIVE energy future
Transcript
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| 0:00.0 | All right, Alexander, let's talk about the power of Siberia 2, which was announced by the gas prom head, Miller. |
| 0:10.5 | He was the first one to announce that there has been a legal agreement between Russia and China for the pipeline power of Siberia 2, which will go from Russia, transit via |
| 0:24.7 | Mongolia and end in China. |
| 0:28.3 | The interesting part about the power of Siberia 2, what differentiates it from the power |
| 0:32.5 | of Siberia 1, is that this gas from Russia was supposed to be the gas that was going to power the European Union and specifically power German industry. |
| 0:46.0 | Now all of that gas is going to be redirected to China. |
| 0:50.4 | Mongolia becomes the beneficiary as a transit state. Once upon a time, Ukraine was the beneficiary |
| 0:57.8 | as a transit state. And it's going to most likely complete by, be completed by around 2030. |
| 1:07.7 | I think Miller said would be the launch. And at the time of Miller's announcement, |
| 1:12.8 | there were a lot of analysts who were saying that this is not real. This is just a memorandum |
| 1:17.9 | of understanding. Russia and China have been talking about the power of Siberia, too, |
| 1:23.3 | for five, ten years now. Putin talked about it. |
| 1:28.6 | Putin talked about it. |
| 1:29.8 | He even talked about the pricing of it, a little bit about the pricing of it. |
| 1:34.6 | And when Putin is talking about the power of Siberia too and the agreement that Russia has |
| 1:40.7 | with China, you can take it to the bank, that this is a done deal. |
| 1:43.9 | Absolutely. |
| 1:44.5 | Your thoughts on the power of Siberia, too, Alexander. |
| 1:47.9 | Yes, I mean, this is, this is huge. |
| 1:51.1 | And it is, by the way, the main big concrete agreement that came out with the various |
| 1:58.6 | meetings in China. |
| 2:00.2 | I mean, there was very interesting meetings in Tianzinn and in Beijing. |
... |
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