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Power of Siberia 2: deal or no deal?
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns over over-dependency on a single supplier and desire to drive down the price make it relatively unlikely that a contract will be finalised this year.
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China LNG Natural gas Natural Gas markets
Craig Guthrie
30 May 2019
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Chinese LNG faces headwinds

Huge expansion in imports masks challenges for the future

China was an apt choice for April's LNG19 conference, given the disruptive impact that its imports have had on the fuel's global trade in recent years. And Shanghai even more so, given that it is home to the huge Yangshan terminal and acts as a hub for several more LNG terminals along the Middle Kingdom's east coast. But at the event, Chinese energy officials underlined that LNG's potential to become Asia's dominant gas delivery method versus competitors such as pipelines—and indeed the future of gas itself as a cleaner fuel alternative—depends on the industry's ability to improve coordination. "Competition from pipelines and renewables is fierce, costs are still high, and the large scale of

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Power of Siberia 2: deal or no deal?
29 July 2025
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns over over-dependency on a single supplier and desire to drive down the price make it relatively unlikely that a contract will be finalised this year.
An end to EU green illusions
29 July 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance.
Iraq’s tangled Ceyhan oil web
25 July 2025
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain

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