President Putin watching the ceremony for the launch of Power of Siberia 1
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
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
