Putin announces a pipeline project from Yamal fields to China, running through Mongolia, which has been renamed Power of Baikal.

The entities involved

• China →

  cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06
• Mongolia →

  country in East Asia

  • New direct air connectivity has been established, involving entities including Mongolia, Ulaanbaatar, and New Delhi.Mon 15:16
  • Mongolia is expanding bilateral relations in trade and economic sectors, with the drafting of SEZ law requiring approval from the autumn parliamentary session.Mon 13:21

Related events

• Kazakhstan expands oil pipeline capacity toward China.Sep 7
• Rosneft targets the Chinese market using the Northern Sea Route while operating oil terminals in Russia.Sep 9
• Gas from the Power of Siberia 2 pipeline was intended for the European market, despite market losses caused by the 2022 Ukraine invasion.Jun 7
• Current economic and energy market status of Central Asia, including pipeline disruptions, growth in Central Asia and Mongolia, and links to the Middle East conflict.Thu 11:13
• Mongolia is discussing fuel import diversification with Kazakhstan due to its heavy reliance on Russian fuel imports.Aug 6