Putin: Results achieved on Power of Siberia 2 gas pipeline to China.

Putin: Results achieved on Power of Siberia 2 gas pipeline to China.

Russian President Vladimir Putin and Chinese President Xi Jinping have signed a legally binding memorandum of understanding (MOU) for the construction of the Power of Siberia 2 gas pipeline, according to Gazprom CEO Alexei Miller. The pipeline, which will transit gas reserves from Russia's West Siberia to northern China via eastern Mongolia, is expected to supply 50 billion cubic meters (bcm) of gas per year [1].

The MOU, signed during Putin's visit to China for the Shanghai Cooperation Organization (SCO) summit, marks a significant step in Russia's efforts to pivot eastward and reduce its dependence on European gas markets. The pipeline is seen as a strategic move to secure long-term energy supply agreements with China, Russia's largest single energy customer [2].

The deal, which includes a separate agreement to boost gas supplies through the existing Power of Siberia pipeline, comes amid ongoing negotiations over final pricing. The price of the gas via the new pipeline will be agreed upon separately, with Miller stating that the supplies will run for 30 years [1].

While China has not yet confirmed the announcement, industry analysts have noted the importance of the MOU as a symbol of the strategic partnership between the two countries. The pipeline is expected to enhance China's energy security and provide Russia with a reliable source of revenue [3].

The signing of the MOU is also seen as a defiant signal to the West, as Russia seeks to challenge the global order and reduce its dependence on Western markets. The deal underscores the growing interdependence between Russia and China, with energy playing a crucial role in their geopolitical partnership [3].

References:
[1] https://www.cnbc.com/2025/09/02/power-of-siberia-2-russia-signs-new-gas-pipeline-deal-with-china.html
[2] https://novayagazeta.eu/articles/2025/09/04/silence-from-beijing-as-russia-vaunts-power-of-siberia-2-gas-pipeline-deal-en-news
[3] https://moderndiplomacy.eu/2025/09/03/putin-pushes-siberia-2-pipeline-promises-china-cheaper-gas/