Power of Siberia 2 pipeline talks stall over China-Russia price dispute: sources

Read the original at South China Morning Post ↗
Cite

Wong, K. (2026, September 9). Power of Siberia 2 pipeline talks stall over China-Russia price dispute: sources. South China Morning Post. https://www.scmp.com/economy/china-economy/article/3366888/power-siberia-2-pipeline-talks-stall-over-china-russia-price-dispute-sources?utm_source=rss_feed

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

South China Morning Post · collected 2026-09-09 · by Kandy Wong

Quick Summary

Negotiations between Russia and China over the proposed Power of Siberia 2 pipeline have stalled due to a disagreement on gas prices, according to sources. A source notes that Russia wants to reference the price of the existing Power of Siberia 1 pipeline, which is around US$250-260 per thousand cubic meters, but China's current average import price is slightly higher at US$258. No progress has been made in bridging this "big gas price gap", with discussions halted as a result.
Written locally by qwen2.5:14b on 2026-09-09, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

Talks between Russia and China over the construction of the Power of Siberia 2 pipeline have stalled due to a disagreement over gas prices. The source of the dispute lies in the significant price gap between what Russia wants to charge and what China is willing to pay. According to sources, Russia wants to base the new pipeline's prices on those of the existing Power of Siberia 1 pipeline, which currently averages around $258/thousand cubic metres. However, this is higher than the price at which China imports gas from Russia via the first pipeline, which was previously as high as $420/thousand cubic metres before being reduced. Despite the stalemate, both countries are reportedly exploring other options to increase gas supplies along the Far East route, including expanding existing pipelines like Power of Siberia 1. The developments come amid ongoing negotiations between Gazprom, Russia's state-owned energy giant, and CNPC, China's national petroleum corporation.

Written for “Russia China Pipeline Dispute” on 2026-10-25, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Russia China Pipeline Dispute
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
5
sentences that state something as happening or true
Uncertain
0%
0 of 5 hedged ("reportedly", "may", "according to")
Leaning
Centre
of the writing, not the subject · beta estimate
Publisher signals
64/100
South China Morning Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-09 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

South China Morning Post · 3003 article(s) · 6 correction(s) detected
Running correction rate · 6 correction(s)
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Who wrote this

Kandy Wong
2 article(s) here · 0 carrying a prediction
🔮 The entourage would draw a parallel to the coterie of CEOs that US President Donald Trump brought to Beijing in May, and could signal greater potential for investment deals as part of the high-profile summit.
2026-09-17 · speculative framing · BYD, Xiaomi and Innolight executives likely to join Xi Jinping on US visit: sources
Also by Kandy Wong
BYD, Xiaomi and Innolight executives likely to join Xi Jinping on US visit: sources
2026-09-17 · South China Morning Post
Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

China Gazprom Moscow Russia Ukraine

Subjects

China GPE · 3× Russia GPE · 2× CNPC ORG · 1× China National Petroleum Corporation ORG · 1× Gazprom ORG · 1× Moscow GPE · 1× Russian NORP · 1× Ukraine GPE · 1×

Narrative

Moscow-Beijing negotiations over pipeline have halted as ‘no progress’ made on bridging a big gas price gap, sources say But Russia has a different expectation, as it wants to reference the price of the existing Power of Siberia 1 pipeline, which is about US$250-260/thousand cubic metres, the source added.
framing: assertive · carried by 1 article(s) · first seen 2026-09-09
2026-09-09 · South China Morning Post
Power of Siberia 2 pipeline talks stall over China-Russia price dispute: sources · assertive framing

Claims (5 extracted, 0 hedged)

Power of Siberia 2 pipeline talks stall over China-Russia price dispute: sources asserted
talks → stall → dispute
Moscow-Beijing negotiations over pipeline have halted as ‘no progress’ made on bridging a big gas price gap, sources say But Russia has a different expectation, as it wants to reference the price of the existing Power of Siberia 1 pipeline, which is about US$250-260/thousand cubic metres, the source added. asserted
source → halt → pipeline
China’s current average gas import price via Power of Siberia 1 is about US$258/thousand cubic metres, the source noted, while Russia’s selling price to Europe before the Ukraine war was over US$420/thousand cubic metres. asserted
price → note → war
“It seems to me that Gazprom and CNPC (China National Petroleum Corporation) are preparing to begin supplying Russian gas to China via the Far East route and are discussing projects to expand and increase supplies along this route,” said a second source, who also asked to remain anonymous. asserted
who → seem → route
“The same is happening with the Power of Siberia 1 – we see that they are also working to increase physical supplies.” asserted
they → happen → supplies
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