Story perspectives
Russia and China Strengthen Energy Ties with New Pipeline
9/3/2025
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Story summary
- On September 2, 2025, Russia and China signed a memorandum to advance the Power of Siberia 2 gas pipeline, enhancing energy collaboration amid Western sanctions.
- The pipeline is designed to transport 50 billion cubic meters of gas annually from Russia to China, with pricing negotiations ongoing.
- Trade between Russia and China reached $240 billion in 2023, indicating a strengthened partnership following the Ukraine invasion.
- During Putin's visit, 22 agreements were signed, including a strategic pact between Gazprom and China National Petroleum Corporation.
