Russia doubles gas exports to China

According to RIA Novosti on November 12, the International Energy Agency (IEA) predicted in its annual World Energy Outlook 2025 report that Russia will double its gas exports to China from 40 billion cubic meters in 2024 to 80 billion cubic meters in 2035.

“Russia will double its gas exports to China from 40 billion cubic meters in 2024 to 80 billion cubic meters in 2035. The Power of Siberia 1 gas pipeline is currently operating at full capacity, and the Power of Siberia 2 gas pipeline, with a planned capacity of 50 billion cubic meters, is expected to start increasing supplies from the mid-2030s,” the IEA report said.

However, experts of this international agency did not specify when the Power of Siberia 2 could be built and put into operation.

Following talks between Russia and China in Beijing in early September 2025, Gazprom and China National Petroleum Corporation (CNPC) signed four documents, including a strategic cooperation agreement expanding the areas of cooperation between the two companies.

Gazprom Chairman of the Board of Directors Alexei Miller announced the signing of a legally binding memorandum of understanding on the construction of the Power of Siberia-2 gas pipeline and the Soyuz Vostok gas transit pipeline through Mongolia. The parties also agreed to increase gas supplies via the Power of Siberia pipeline from 38 to 44 billion cubic meters per year, and via the Far Eastern route from 10 to 12 billion cubic meters per year.

Russian gas is currently being supplied to China via the Power of Siberia pipeline. Deliveries began at the end of 2019. Daily gas deliveries via the Power of Siberia were increased to the contractual maximum on December 1, 2024. The Far East pipeline involves the construction of a branch from the Sakhalin-Khabarovsk-Vladivostok domestic gas pipeline to China. A long-term gas purchase agreement for this pipeline was signed in February 2022. Gas shipments via the Far East pipeline will begin in January 2027.