A Czech news portal Info.cz published an article “Rusko posiluje partnerství s Čínou. Obě země spojil obří plynovod za 55 miliard dolarů” (Russia is strengthening its partnership with China. A giant $ 55 billion gas pipeline has joined two countries), for which Professor Veli-Pekka Tynkkynen provided comments.
“Russia is still dependent on the EU market. I think that the development of the oil and gas market, especially competition from LNG and renewable energies, has a greater effect on prices than the sale of discounted Russian gas to China,” According to him, the Power of Siberia is symbolically important for Russia – it can now be argued that Europe is no longer the main market for it. “It’s important for both domestic and foreign audiences,” Tynkkynen adds.
The article in Czech can be found online from here.