Natural gas started flowing from Russia to China for the first time on Dec. 2 when Russian President Vladimir Putin and China’s leader, Xi Jinping, officially launched the initial phase of a huge new pipeline known as the Power of Siberia. Gazprom, Russia’s state-owned energy giant, claims it is expected to generate $400 billion in revenue—its largest export contract ever. The potentially lucrative pipeline also has clear geopolitical undertones, accelerating the strategic entente between the world’s second-largest gas producer and Asia’s biggest economy at a time when both Russia and China are pushing back against the global influence of the […]