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As President Vladimir Putin paid a state visit to China in May, his Deputy Prime Minister Alexander Novak said that Moscow and Beijing were soon planning to sign a contract on the construction of the Power of Siberia 2 gas pipeline. “We plan additionally to finish the review and sign a contract for the construction of a gas pipeline with a capacity of 50 billion cubic meters (bcm) of gas through the territory of Mongolia in the near future,” Reuters quoted Novak as saying. While some observers expected the deal on Power of Siberia 2 to be signed during Putin’s visit to China, this did not happ…

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