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Morning paper THE POWER OF SIBERIA 2 Russia can outdo Europe: 'Putin is in the final stages of concluding an agreement with Xi Jinping' The agreement would launch the "Power of Siberia 2" gas pipeline, which would double natural gas exports to China. Writes: HinaPosted: January 04, 2022 12:02 pm Russian President Vladimir Putin is reportedly in the final stages of concluding an agreement with Chinese counterpart Xi Jinping to build a new pipeline that could further exacerbate Europe's gas crisis and allow Russia to outperform the EU in geopolitical and energy games, Britain's Daily Express reported on Tuesday. The agreement would launch the Power of Siberia 2 pipeline, which would reportedly double exports to China, transporting up to 50 billion cubic meters more natural gas each year than it currently does through the Power of Siberia pipeline. This is, coincidentally or not, a quantity equal to that for which the Nord Stream 2 pipeline is designed, awaiting regulatory approval for start-up, and is intended to deliver Russian gas to Germany and further to Europe via the Baltic. The British newspaper also notes that information about the launch of the new pipeline comes at a time when Europe is in an energy crisis, and gas prices are reaching records. He adds that the energy crisis in the EU has intensified in recent weeks after some nuclear reactors were shut down in France, and Germany is recording weak electricity production from wind farms. The consequent lack of power has prompted countries to burn more coal and even fuel oil to keep lights on and homes warm, but this is to the detriment of proclaimed environmental goals, writes the Daily Express. At the same time, energy and (geo) political experts accuse Putin of interfering with gas supplies to pressure the EU to approve the Nord Stream pipeline 2. RELATED NEWS CHIEF OF UNIPER 'Nord Stream 2 could get a German permit in the middle of the year. I see no trace of political interference ' INTERVIEW DETAILS Revealed what Biden said to Ukrainian President Zelensky: 'If Putin attacks you ...' Analysts warn that a new gas pipeline from Russia to China would allow Russia an additional lever of influence over Europe, leaving the EU powerless to stop the Kremlin's growing aggression against Ukraine. The power of Siberia 2, like the original variant of the same pipeline, would bring gas from the Siberian Yamal Peninsula, a source of gas exported to Europe, to China. Western officials are worried that the project could have geopolitical implications for European nations before seriously embarking on a transition to renewable energy. Since the planned Siberian Power 2 pipeline will be able to deliver to China about the same amount that Nord Stream 2 could transport to Europe, it will give the Kremlin more opportunities to influence who gets the gas and at what price, analysts say. some also hold that Europe's dependence on Russian gas will mean that it will eventually have to give in to pressure from Moscow.