Russia-China Sign Power of Siberia 2 Gas Pipeline Deal
Russia-China Sign Power of Siberia 2 Gas Pipeline Deal

Russia-China Sign Power of Siberia 2 Gas Pipeline Deal

News summary

The recent Power of Siberia 2 gas pipeline agreement between Russia and China marks a significant shift in global energy geopolitics, highlighting the failure of President Trump's Eurasian grand strategy aimed at limiting Russian dependence on China. This pipeline, expected to nearly double gas exports from Russia to China, bypasses Western markets and sanctions by conducting transactions in rubles and yuan, thereby challenging U.S. and European influence. The deal, signed during the Shanghai Cooperation Organization summit, strengthens the strategic partnership between Moscow and Beijing, with China reducing its reliance on LNG imports and securing a long-term energy supply. U.S. media have expressed concerns over the pipeline's potential vulnerability to sabotage, drawing parallels to the Nord Stream explosions, reflecting Western anxieties over the deepening Sino-Russian energy ties. Analysts view this development as part of a broader multipolar order challenging U.S. global dominance, with China openly defying U.S. sanctions and trade pressures. Despite unresolved issues such as pricing and demand uncertainties, the project underscores China and Russia's commitment to a deepened energy alliance that bypasses Western control.

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