Work on Power of Siberia 1 in 2020
Russia struggles to reroute gas exports
Distance and politics mean there are no easy solutions to Moscow’s pipeline problems
Russia has largely been able to maintain its oil exports despite de jure and de facto restrictions on destination, mode of transit and price. But it does not have the same luxury of flexibility when it comes to gas. Time, distance, cost and politics are all against it finding a solution to its gas export problem. Russia sent 167bn m³ of gas to Europe in 2021 but only c.60bn m³ in 2022, a volume that could fall further still. If Russia wants to find new markets for this gas to the east, it will need to access or build infrastructure to move stranded production out of Western Siberia. Power of Siberia 2, Russia’s long-in-development pipeline designed to send additional gas to China, has taken
Also in this section
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
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
