Putin's Pipe Dream? Why China And Russia Are Still Unlikely To Build The Power of Siberia-2
The Power of Siberia 2 pipeline will supply 50 billion cubic meters of Russian gas annually, cutting China's liquefied natural gas imports by one-third and impacting global LNG trade dynamics.
10 Articles
10 Articles
Putin's Pipe Dream? Why China And Russia Are Still Unlikely To Build The Power of Siberia-2
Russia’s Gazprom made headlines in Beijing last week as it announced progress on the ambitious gas pipeline. But analysts who spoke to RFE/RL say that the megaproject is still a long way off from ever getting built.
Trump’s Inaction Hands Putin a Lifeline Through China
Since Vladimir Putin launched his full-scale invasion of Ukraine in 2022 and plunged the world into an economic war alongside it, the Russian president has had three asks of his Chinese counterpart, Xi Jinping. The first is political-military support for his war, followed closely by a deal on the Power of Siberia 2 Pipeline and unfettered access to Chinese financial markets. In the past week, Putin has finally come close to securing all three.…
How a New Russia-China Gas Pipeline Could Reshape Global LNG Trade
Russia and China appear to be moving forward with a major natural gas pipeline between their countries after years of stalled negotiations. Russian energy giant Gazprom PJSC said it has signed a legally binding memorandum with China National Petroleum Corp. to build the Power of Siberia 2 pipeline.


China-Russia Pipeline Seen Displacing One-Third of LNG Imports
China-Russia Pipeline Seen Displacing One-Third of LNG Imports Sunday’s signing of a binding memorandum between Moscow and Beijing, presented the deal in Beijing as a centerpiece of their energy partnership. By Charles Kennedy | OIL PRICE.COM [...] The post China-Russia Pipeline Seen Displacing One-Third of LNG Imports first appeared on The Liberty Beacon.
Moscow recently announced an agreement with Beijing to build the Power of Siberia 2 gas pipeline. But China has yet to confirm progress on the project, which has been under discussion for nearly two decades. Analysts caution that the deal is not yet final and does not include crucial details such as the price of supplies or who will build the pipeline. According to them, this indicates that the shift in the project is more of a wishful thinking …
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