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Moscow Pushes Power of Siberia Deal Amid Pricing Disputes

12/12/2025

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Summary

Story summary

Moscow seeks to finalize Power of Siberia deal with China after a memorandum was signed during President Putin's September visit, but Beijing has remained largely silent.
Lu Ruquan of the CNPC Economics & Technology Research Institute notes that large gas projects typically take eight to ten years.
Disagreements over gas pricing persist between Russia and China.
The Power of Siberia 1 pipeline is expected to reach 38 bcm this year.

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Story summary

Moscow seeks to finalize Power of Siberia deal with China after a memorandum was signed during President Putin's September visit, but Beijing has remained largely silent.
Lu Ruquan of the CNPC Economics & Technology Research Institute notes that large gas projects typically take eight to ten years.
Disagreements over gas pricing persist between Russia and China.
The Power of Siberia 1 pipeline is expected to reach 38 bcm this year.