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Russia Renews Pitch For China Gas Pipeline As Hormuz Crisis Choke Global Energy Supply

| May 19, 2026, 06:41:56 PM | TOI.in
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As Russian President Vladimir Putin prepares for crucial talks with Chinese President Xi Jinping in Beijing, global attention is turning toward the proposed Power of Siberia 2 pipeline — a massive energy project that could reshape Eurasian geopolitics. The 2,600-kilometre pipeline would transport up to 50 billion cubic metres of Russian natural gas annually from the Arctic Yamal region to China through Mongolia. Developed by Gazprom, the project is seen as a strategic lifeline for Moscow as it pivots away from European markets after Western sanctions linked to the Ukraine war. But while Russia pushes aggressively for the deal, China is carefully leveraging its position in pricing negotiations, highlighting the growing geopolitical and economic significance of the pipeline.

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