MOSCOW (Reuters) -China has increased purchases of Russian oil and gas since the start of the conflict with Ukraine in 2022, with the Moscow and Beijing declaring a “no limits” partnership just days before the war began.
The energy relationship between the two countries is expected to be an important topic when presidents Vladimir Putin and Xi Jinping meet in China on Tuesday.
Here are some facts about the energy ties between the two countries:
GAS
Russia’s energy giant Gazprom supplies natural gas to China through a 3,000 km (1,865 mile) pipeline called Power of Siberia under a 30-year, $400 billion deal launched at the end of 2019.
In 2024, exports amounted to about 31 billion cubic meters (bcm). It is expected that supplies will reach the planned capacity of 38 bcm this year.
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