What is the main objective of Putin's visit to Beijing regarding the Power of Siberia 2 pipeline?

The main objective is to advance negotiations on a gas pricing contract for the Power of Siberia 2 pipeline, with Russia hoping that energy market turmoil from the war in Iran will make China more flexible in talks; Kremlin aide Yuri Ushakov confirmed the project is 'on the agenda' and will be discussed 'in great detail' between Putin and Xi, though no firm progress has been made so far and any agreement ultimately depends on Xi's position.

Why does Russia believe the war in Iran creates an opportunity for energy cooperation with China?

Russia believes the Middle East conflict — particularly disruptions like the closure of the Strait of Hormuz — heightens China's need for energy security, thereby increasing Chinese interest in Russian energy supplies and logistics routes, including the Power of Siberia 2 pipeline and alternative transit corridors such as the Arctic Northern Sea Route; as expert Vasily Kashin noted, the conflict 'strengthens Russia-China relations by reinforcing Russia’s role as a key raw material supplier to China.'

Putin Aims to Unlock Gas Pipeline Project to China in Xi Talks

May 18, 2026

Putin aims to finalize the Power of Siberia 2 gas pipeline deal with China during his Beijing visit, seeking favorable pricing amid Middle East energy disruptions. Gazprom offered competitive rates, but negotiations remain ongoing ahead of a September target.

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