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Putin and Xi sign deal for new gas pipeline, solidifying Russia-China energy ties.
Russia and China have signed a deal to build a new gas pipeline, Power of Siberia 2, which will deliver 50 billion cubic meters of gas annually from Russia to China through Mongolia. This comes as Russia seeks to increase gas exports to China to offset losses from European sanctions following the Ukraine conflict. The deal also includes an agreement to boost gas supplies via the existing Power of Siberia pipeline from 38 billion cubic meters to 44 billion cubic meters annually. The project is seen as a significant step in strengthening ties between Russia and China amid Western pressure.
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