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 by the local model 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).
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 2026-09-09,
grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted
verbatim and was checked against the article text before being
stored, so you can find it in the original.
Leaning score +0.15 for article 7368 (high confidence, 1 verified quote) · logged 2026-09-09
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
