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China seeks to buy more gas from Russia

2025-08-29 19:21:45Kosova&Bota SHKRUAR NGA REDAKSIA VOX

China seeks to buy more gas from Russia

China is looking to buy more Russian gas through an existing pipeline after talks between the two countries have failed to progress on building a second connection, hampering Moscow's demands for new pipelines, Reuters reports.

Energy is expected to be at the top of the agenda when Russian and Chinese leaders, Vladimir Putin and Xi Jinping, meet in China next week.

An advance on the $13.6 billion Power of Siberia 2 pipeline project to supply 50 billion cubic meters of gas to northwest China during the visit is impossible, however, the sources said.

Instead, they say China is considering increasing gas purchases through the existing Power of Siberia 1 pipeline from the current 38 billion cubic meters.

Russia is keen to expand oil and gas exports to Asia after losing European markets due to Western sanctions in response to the invasion of Ukraine.

For more than 50 years, Russia has supplied gas to Europe from Western Siberia, which previously provided 180 billion cubic meters per year, or up to 40% of Europe's gas needs, generating up to $90 billion a year for Moscow.

Russia started supplies to China in 2019 from Eastern Siberia via the Power of Siberia 1 pipeline.

The producing areas of Western and Eastern Siberia are not yet interconnected, and Moscow hopes to redirect gas from Western Siberia to China by building the Power of Siberia 2 pipeline.

The project became even more important for Moscow after the EU banned most Russian gas imports in 2022 following Russia's invasion of Ukraine.

However, Moscow and Beijing have failed to agree on gas prices and pipeline financing despite more than a decade of talks.


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