Russia expects China to take 60% of gas exports by 2030

Russian Deputy Prime Minister Alexander Novak announced that China is expected to account for more than 60% of Russia’s total natural gas exports by 2030. Speaking at the Russia-China Energy Business Forum in Vladivostok, Novak noted that the expansion of the Power of Siberia pipeline and the development of Far Eastern routes will be primary drivers for this increase.

In 2025, gas deliveries through the Power of Siberia pipeline reached 38.8 billion cubic meters, representing a 25% increase from the previous year and exceeding contractual obligations. Russia has also become one of China’s three largest suppliers of liquefied natural gas (LNG), with exports growing over 50-fold in the last decade. Additionally, Russia remains China’s largest oil supplier, with crude deliveries increasing by 25% during the first seven months of 2026.

To further strengthen energy ties, Moscow and Beijing are negotiating new routes, including the Power of Baikal project. This project, formerly known as the second phase of the Power of Siberia, aims to transport 50 billion cubic meters of gas annually to China via Mongolia. Discussions are also ongoing regarding nuclear energy projects, expert training, and advanced nuclear technology research.