Story perspectives

Putin Signs 20 Beijing Deals, Secures Siberia-2 Pipeline

5/23/2026

Summary

Story summary

After U.S. President Donald Trump’s summit with Xi, Russian President Vladimir Putin visited Beijing in May 2026, signing 20 agreements and a Siberia-2 pipeline understanding.
Peskov said the pipeline’s route is agreed, with analysts deeming it vital for Russia to replace gas sales and noting China wants 12-13 cents per cubic metre.
The joint statement pledged strategic partnership, a multipolar world order, and cooperation in energy, AI and digital technology.

History

Historical Context

After Russia approved the Eastern Gas Program in 2007, Putin ordered Gazprom to build the Yakutia-Khabarovsk-Vladivostok line, renamed Power of Siberia in 2012. A 30-year, $400 billion gas deal signed on 21 May 2014 launched construction, and deliveries began in December 2019. The May 2026 Beijing visit added twenty new accords, including the Siberia-2 pipeline priced at 12-13 cents per cubic metre, deepening the Russia-China energy partnership.

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Story summary

After U.S. President Donald Trump’s summit with Xi, Russian President Vladimir Putin visited Beijing in May 2026, signing 20 agreements and a Siberia-2 pipeline understanding.
Peskov said the pipeline’s route is agreed, with analysts deeming it vital for Russia to replace gas sales and noting China wants 12-13 cents per cubic metre.
The joint statement pledged strategic partnership, a multipolar world order, and cooperation in energy, AI and digital technology.

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