Putin and Xi to Discuss Stalled Power of Siberia 2 Pipeline in Moscow

Putin and Xi to Discuss Stalled Power of Siberia 2 Pipeline in Moscow

How did your country report this? Share your view in the comments.

Introduction:

The news topic “Putin and Xi to Discuss Stalled Power of Siberia 2 Pipeline in Moscow” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.

Quick Summary:

  • Putin first proposed Power of Siberia 2 to Xi in 2022. The project would increase Beijing’s purchases of Russian gas to offset the loss of European market share following the invasion of Ukraine. China has yet to give the project the green light, insisting that gas supplied via the pipeline should be priced at Russia’s heavily subsidized domestic rate. But China may now be willing to consider a higher price, potentially somewhere between the domestic Russian rate and what China currently pays for gas via the original Power of Siberia pipeline, Bloomberg cited its anonymous sources as saying. Despite the revived talks, a final agreement is not expected to be signed during Xi’s visit.
  • Negotiations between Chinese President Xi Jinping and Russian dictator Vladimir Putin this week will include talks on a long-delayed pipeline project. Moscow has long sought to reach an agreement on the Power of Siberia 2 project to strengthen ties, but also to increase gas flows to the world’s largest energy importer. Russia is becoming increasingly dependent on sales to China, amid efforts to replace the European market, which has shrunk sharply since Russia’s invasion of Ukraine in 2022 – and may be completely closed by 2027. For Beijing, with other supply options and import diversification policies, the deal was much less urgent, the publication writes. However, tensions on both sides may bring the two sides one step closer to a compromise – Russia is under severe Western sanctions, and China’s own industrial and trade difficulties make cheaper gas attractive.
  • Moscow has long sought to secure a deal on the Power of Siberia 2 link. Russia has become increasingly dependent on sales to China as it struggles to replace the European market, dramatically reduced after the invasion of Ukraine in 2022. For Beijing, with other supply options and a policy of diversifying imports, an agreement has been far less urgent.

Country-by-Country Breakdown:

Original Coverage

Putin first proposed Power of Siberia 2 to Xi in 2022. The project would increase Beijing’s purchases of Russian gas to offset the loss of European market share following the invasion of Ukraine. China has yet to give the project the green light, insisting that gas supplied via the pipeline should be priced at Russia’s heavily subsidized domestic rate. But China may now be willing to consider a higher price, potentially somewhere between the domestic Russian rate and what China currently pays for gas via the original Power of Siberia pipeline, Bloomberg cited its anonymous sources as saying. Despite the revived talks, a final agreement is not expected to be signed during Xi’s visit. Read full article

China and Russia Included the Issue of the Stalled Gas Pipeline in the Agenda of Negotiations in Moscow – Bloomberg

Negotiations between Chinese President Xi Jinping and Russian dictator Vladimir Putin this week will include talks on a long-delayed pipeline project. Moscow has long sought to reach an agreement on the Power of Siberia 2 project to strengthen ties, but also to increase gas flows to the world’s largest energy importer. Russia is becoming increasingly dependent on sales to China, amid efforts to replace the European market, which has shrunk sharply since Russia’s invasion of Ukraine in 2022 – and may be completely closed by 2027. For Beijing, with other supply options and import diversification policies, the deal was much less urgent, the publication writes. However, tensions on both sides may bring the two sides one step closer to a compromise – Russia is under severe Western sanctions, and China’s own industrial and trade difficulties make cheaper gas attractive. Read full article

China and Russia Put Stalled Gas Pipeline on Moscow Talks Agenda

Moscow has long sought to secure a deal on the Power of Siberia 2 link. Russia has become increasingly dependent on sales to China as it struggles to replace the European market, dramatically reduced after the invasion of Ukraine in 2022. For Beijing, with other supply options and a policy of diversifying imports, an agreement has been far less urgent. Read full article

Putin to Visit China in August as Xi Trip Cements Energy and WWII Ties

Russian President Vladimir Putin will travel to China in late August or early September. The trip will follow Chinese President Xi Jinping’s participation in Moscow’s May 9 Victory Day celebrations. Putin will attend China’s 80th anniversary events commemorating the Allied defeat of Japan, scheduled for September 3. The two leaders plan to discuss “the most sensitive” issues, including energy cooperation and the proposed Power of Siberia 2 gas pipeline, a Kremlin aide said. The Chinese Foreign Ministry previously announced plans for joint commemorations with Russia, including a military parade in 2015 to mark the 70th anniversary of the “War of Resistance against Japanese Aggression” The Chinese president’s arrival in Moscow on Wednesday will mark his third visit to Russia since the war began. He last visited China in October 2023 and before that in February 2022, weeks before Russia’s full-scale invasion of Ukraine. Read full article

Mongolia to connect Russia and China with Power of Siberia 2 pipeline

Mongolian first deputy prime minister Gantumur Luvsannyam said that negotiations over the Power of Siberia 2 pipeline were proceeding and making progress. This is a major gas pipeline connecting China and Russia, which, if completed, can deliver (through Mongolia) 50 billion cubic metres of Russian natural gas to China yearly. In September 2022, as Russia’s “partial mobilization” was announced, former Mongolian President Tsakhiagiin Elbegdorj made a striking appeal. Addressing the Kalmyks, Buryats, and Tuvins-ethnic minorities within Russia, he urged them to flee to Mongolia rather than serve as “cannon fodder” in what he described as Vladimir Putin”s war against Ukraine. Read full article

Exclusive | Mongolia still expects new Russia-China gas pipeline to go ahead

The pipeline would divert 50 billion cubic metres (1.8 trillion cubic feet) of Russian natural gas per year that previously supplied Europe to China via Mongolia. But speculation has been growing in recent months that progress on the project has stalled, with analysts arguing that China is reluctant to increase its dependence on Russian energy imports. Mongolia’s first deputy prime minister, Gantumur Luvsannyam, insisted that negotiations over the pipeline were proceeding and that the talks were making progress. If China and Russia reach a deal and start building the pipeline, we are ready to cooperate and accelerate the project, he said. Read full article

Weakened Russia yields to China’s energy, railway desires

In December, oil prices fell to about US$70 per barrel, down 18% from this year’s peak of US$87 in April. The ruble has declined by 17% to 108 per US dollar in 2024. The current valuation is down 34% since the beginning of the Ukraine war. Russia has made two major compromises with China by giving Beijing the green light to build a railway in nearby Central Asia. It has also accepted China’s suggestion of re-routing the Power of Siberia 2 gas pipeline to pass through Kazakhstan instead of Mongolia. The project is scheduled to officially commence construction in July 2025, with a construction period of six years, according to China Railway. The railway will start from Kashi in China’s Xinjiang, pass through Kyrgyzstan’s Torugart Pass and Jalalabad, and end in eastern Uzbek city of Andijan. Read full article

Russia’s Gas Flows to China Will Reach Capacity Ahead of Plan

Gazprom has been gradually raising exports on the link, which has a design capacity of 38 billion cubic meters a year. Russia has become increasingly reliant on China as a buyer of its energy since Moscow’s invasion of Ukraine opened up a rift with Western partners. A third route — the proposed Power of Siberia 2 — remains under discussion. Yet negotiations have stalled as the two sides are still to agree on a price for the gas. The company is also developing another conduit to take gas from Russia’s Far East to China. It has previously given a start date of 2027 for that link, but Gazprom says it’s on schedule. The pipeline could bring Russia’s annual gas flows to China to almost 100billion cubic meters. It is expected to be completed by the end of the year, Gazprom said. Read full article

Global Perspectives Summary:

Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.

How did your country report this? Share your view in the comments.

Sources:

Source: https://www.themoscowtimes.com/2025/05/07/putin-and-xi-to-discuss-stalled-power-of-siberia-2-pipeline-in-moscow-bloomberg-a89004

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