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President Putin watching the ceremony for the launch of Power of Siberia 1
China Russia Midstream Gas
Shi Weijun
Shanghai
4 June 2024
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Beijing remains uncommitted on Power of Siberia 2 plans

Russia’s pivot to the east is encountering barriers among the Central Asian republics and due to China’s reluctance to become too dependent on Russian gas

China’s continued ambivalence over the high-profile Power of Siberia 2 (PoS 2) gas pipeline is prompting Russia to consider new options for supplying China that involve Central Asia. The strategy could see Russia expand its presence in Central Asia at a time when both Moscow and Beijing are competing for influence in the energy-rich region. Russian President Vladimir Putin’s latest visit to Beijing in mid-May failed once again to energise protracted negotiations over PoS 2, a new pipeline that would pump 50bcm/yr to northern China via Mongolia. Gazprom and China’s state-controlled CNPC have been in painstaking talks over the project, but in a sign that little progress was expected from the t

Also in this section
Indian refiners prove their adaptability
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Gas deal keeps Lebanon’s offshore hopes alive
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Letter from Saudi Arabia: Big oil meets big shovel
Opinion
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
Turkey locks in more Azeri gas
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub

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