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Xi Jinping and Vladimir Putin
China Gas
Shi Weijun
Shanghai
25 October 2023
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China stalls on Power of Siberia 2

Beijing appears willing to use Moscow’s isolation to its advantage

The latest meeting between Chinese and Russian presidents Xi Jinping and Vladimir Putin in Beijing ended once more with Gazprom failing to clinch a second Siberian gas supply mega-deal. While the Russian pipeline gas export monopoly did not leave empty-handed, China’s steady unwillingness to sign up for a second pipeline—that would double Russian imports—raises questions about the “no limits” partnership touted by Beijing and Moscow. China-Russia energy cooperation was in focus as Putin arrived in Beijing on 17 October for a high-profile forum centred on the Belt and Road Initiative, Xi’s signature foreign policy project. Accompanying Putin was Gazprom CEO Alexei Miller, and the visit offere

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Outlook 2026: Underground gas storage – A critical pillar for global energy security
Outlook 2026
30 December 2025
Heightened unpredictability in the global energy market underlines the vital nature of UGS, which provides reliability, affordability and resilience
Outlook 2026: The algorithmic arms race for energy
Outlook 2026
29 December 2025
The surge in power demand created by the AI boom means energy policy and national security are now one and the same
Outlook 2026: Grand plan for offshore leasing should give boost to US Gulf
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
Outlook 2026: Revitalising Syria’s oil and gas sector – A new chapter
Outlook 2026
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment

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