Russian President Vladimir Putin and his Chinese counterpart Xi Jinping attend an official ceremony marking the launch of the Power of Siberia pipeline, which will deliver natural gas to China - five years after Moscow and Beijing signed a 30-year purchase and sale agreement for the gas supplies via the pipeline. The ceremony will be held via videoconference.
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The Power of Siberia will cover China's needs, also making it possible for Russia to build a new LNG plant in Vladivostok, which can use natural gas pumped via the new pipeline.