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The proposed Power of Siberia 2 natural gas pipeline that would transport Russian gas to China offers an insight into not only Russia’s energy export strategy, but also Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said Tuesday, as Moscow seeks to deepen ties According to the country’s Deputy Prime Minister, Alexander Novak, Russia is expecting to see its energy exports to China increase by 40% this year. Moreover, the two According to the alliance’s latest agreements, Russia’s quota will increase from the current 8.98 mln bpd to 9.45 mln bpd at the end of 2025. China has been rapidly Energy supplies from Russia to China are currently reaching record volumes, Russian President Vladimir Putin said in his greeting to the participants, organisers, and natural gas exports have slashed European imports from Russia. China and India have been Russia’s principal target markets; the two na. ions bought about 90% of Russia’s crude oil In 2025 China continued to increase its crude oil imports from Russia, which accounted for 21.5% of China’s total crude imports, up from an average of about 15.5% in Hace 1 día While Russian LNG exports to China rose 3.3 percent in 2025 to 8.3 MMT, Russia still trails Australia and Qatar in Beijing’s LNG hierarchy. Chinese firms such as CNPC hold Russia's energy exports to China will climb by 40 percent this year, Russian deputy prime minister has said as the two countries seek to further expand ties and avert Russian President Vladimir Putin said March 21 that Russia is ready to increase oil supplies to China, which has become an increasingly important energy partner

BRICS: Russia's Energy Exports to China Set to Surge 40%

Russia's energy exports to China are poised for a significant increase, with projections indicating a rise of 40% this year. This surge underscores the deepening energy partnership between the two nations, particularly within the BRICS framework, as Moscow seeks to strengthen ties amidst shifting global energy dynamics.

Deputy Prime Minister Announces Export Increase

According to Deputy Prime Minister Alexander Novak, Russia is expecting to see its energy exports to China increase by 40% this year. This marks a substantial shift, driven by Russia's focus on establishing China as a key energy market. Novak's announcement highlights the growing strategic importance of the Russia-China energy corridor.

Power of Siberia 2 Pipeline: A Key to Future Growth

The proposed Power of Siberia 2 natural gas pipeline that would transport Russian gas to China offers an insight into not only Russia’s energy export strategy, but also the long-term energy security plans of both countries. This massive infrastructure project is designed to significantly boost natural gas exports and further integrate the energy markets of Russia and China.

China's Growing Reliance on Russian Energy

China has been rapidly increasing its crude oil imports from Russia. In 2025, China continued to increase its crude oil imports from Russia, which accounted for 21.5% of China’s total crude imports, up from an average of about 15.5%. This rising reliance underscores China's increasing demand and Russia's ability to meet a significant portion of it.

Record Volumes and Increased Quotas

Energy supplies from Russia to China are currently reaching record volumes, Russian President Vladimir Putin said in his greeting to the participants, organisers, and . The alliance’s latest agreements reflect this trend. According to the alliance’s latest agreements, Russia’s quota will increase from the current 8.98 mln bpd to 9.45 mln bpd at the end of 2025.

LNG Exports: Russia Still Plays Catch-Up

While Russian LNG exports to China rose 3.3 percent in 2025 to 8.3 MMT, Russia still trails Australia and Qatar in Beijing’s LNG hierarchy. Chinese firms such as CNPC hold a vested interest in expanding Russia's LNG capacity to further diversify China's energy supply.

Shifting Global Energy Landscape

Russia’s energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said Tuesday, as Moscow seeks to deepen ties. Natural gas exports have slashed European imports from Russia. China and India have been Russia’s principal target markets; the two nations bought about 90% of Russia’s crude oil. Russian President Vladimir Putin said March 21 that Russia is ready to increase oil supplies to China, which has become an increasingly important energy partner and avert potential revenue shortfalls.