Putin in Mongolia
Putin in Mongolia

Putin in Mongolia

News summary

Russian President Vladimir Putin is on a state visit to Mongolia, primarily to discuss the Power of Siberia 2 gas pipeline, which aims to transport 50 billion cubic meters of natural gas annually from Russia to China via Mongolia. This project is part of Russia's strategy to counteract the lost European gas sales due to the Ukraine war and is set to complement the existing Power of Siberia pipeline, which will reach full capacity by 2025. Despite previous pricing issues delaying the project, Putin stated that preparatory work is on schedule. During his visit, he will meet with Mongolian President Ukhnaagiin Khurelsukh, while Ukraine has urged Mongolia to arrest Putin based on an International Criminal Court warrant for war crimes, a request the Kremlin has dismissed as politically motivated. Additionally, Putin mentioned plans to supply Mongolia with fuel at preferential prices and highlighted ongoing economic collaborations between the two nations. The visit underscores the deepening ties between Russia and Mongolia in the face of geopolitical tensions.

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