Putin’s PRC Visit Failed to Advance Power of Siberia 2 Putin’s PRC Visit Failed to Advance Power of Siberia 2 Executive Summary: - Shares of Gazprom dropped sharply after Russian President Vladimir Putin’s May visit to the People’s Republic of China (PRC) ended without progress on the Power of Siberia 2 natural gas pipeline. - Gazprom lost about $1.4 billion in value on May 20 alone amid renewed d...