Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Mideast plans big spending on gas to meet demand
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
Developing Africa draws gas processing investment
The continent is home to mega-scale projects on both its east and west coasts as its growing economies see rising demand for gas
Turkey’s gas bridge under threat
The country plays a vital role in connecting Asia to Europe, but the expiration of Russian contracts and the ramifications of the war in Iran are placing it under pressure
Gas growth cools in 2025
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
China’s secure energy transition
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
Do not politicise a geopolitical crisis – Ydreos
The Strait of Hormuz disruption has exposed weakness in the global energy system and reignited debate over security of supply, but it should not be used to justify an accelerated shift away from fossil fuels, says the secretary general of the IGU
Letter from the US: Oil refining gets a do-over
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
How Russia gains from the Hormuz supply shock
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
Rethinking the Middle East oil topography
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
President Putin watching the ceremony for the launch of Power of Siberia 1
China Russia Midstream Gas
Shi Weijun
Shanghai
4 June 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Beijing remains uncommitted on Power of Siberia 2 plans

Russia’s pivot to the east is encountering barriers among the Central Asian republics and due to China’s reluctance to become too dependent on Russian gas

China’s continued ambivalence over the high-profile Power of Siberia 2 (PoS 2) gas pipeline is prompting Russia to consider new options for supplying China that involve Central Asia. The strategy could see Russia expand its presence in Central Asia at a time when both Moscow and Beijing are competing for influence in the energy-rich region. Russian President Vladimir Putin’s latest visit to Beijing in mid-May failed once again to energise protracted negotiations over PoS 2, a new pipeline that would pump 50bcm/yr to northern China via Mongolia. Gazprom and China’s state-controlled CNPC have been in painstaking talks over the project, but in a sign that little progress was expected from the t

Also in this section
OPEC+ caught between a crisis and a surplus
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
Letter from Iran: Nuclear miscalculation
Opinion
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
Algihaz: Bridging conventional energy and the renewable transition
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
Powering collaboration: Exploring the Synergy Pavilion at the 25th WPC Energy Congress
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search