China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline

The author contends that the Power of Siberia 2 pipeline would undermine China's energy security by increasing dependence on Russia, create unnecessary capital expenditure in an oversaturated market, and conflict with China's goal to peak carbon emissions by 2030.

• The Power of Siberia 2 pipeline, along with two other projects, would eventually deliver 98 billion cubic metres of gas annually to China, representing a quarter of China's total gas consumption for a given year and equivalent to Russia's total pipeline gas exports from the previous year.
• The project contradicts China's energy security strategy of diversifying imports to avoid dependency on a single source; if two more Russian pipelines are added, one country would provide a third of China's total gas consumption, including LNG.
• The pipeline is economically risky because it requires constructing hundreds of kilometers of pipelines to the Bohai Economic Rim, an area already served by a mature network of LNG imports, offshore gas from the Bohai Sea, and domestic gas from Shaanxi.
• The project's projected 2030 operational start date coincides with China's target to reach peak carbon emissions, meaning China would need to offset emissions from the 50 billion cubic metres of gas the pipeline would bring annually.
• Rapid renewable energy deployment may cause the power sector's carbon emissions to peak five years before 2030, reducing the utility of gas as a bridge away from coal.

APA

Yu, A. (2024). China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline. Global Energy Monitor. https://globalenergymonitor.org/research/china-rightly-dragging-its-feet-russias-power-siberia-2-pipeline

Chicago

Yu, Aiqun. China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline. Global Energy Monitor, 2024. https://globalenergymonitor.org/research/china-rightly-dragging-its-feet-russias-power-siberia-2-pipeline.

Wikipedia

{{cite report |last1=Yu |first1=Aiqun |title=China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline |publisher=Global Energy Monitor |date=29 May 2024 |url=https://globalenergymonitor.org/research/china-rightly-dragging-its-feet-russias-power-siberia-2-pipeline |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{yu2024china, author = {Yu, Aiqun}, title = {{China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline}}, institution = {Global Energy Monitor}, year = {2024}, month = may, url = {https://globalenergymonitor.org/research/china-rightly-dragging-its-feet-russias-power-siberia-2-pipeline}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }