Russia to supply 50 billion cubic meters of gas to China in 2026
A new gas supply agreement would add significant pipeline gas volumes from Russia to China.
Source →The trace
How it reaches your house.
Starting from Gazprom (ПАО Газпром), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Gazprom (ПАО Газпром) →supply upPower of Siberia 2 pipeline
Gazprom's signed memorandum to develop the proposed Russia-China pipeline directly advances a new gas transport route, making that corridor more available.
“Alexei Miller, CEO of Gazprom, the largest energy firm in Russia, confirmed on Tuesday that a “legally binding memorandum” had been signed to develop the pipeline.”
91% confidenceCited →Equinor ASA →Prices riseIf Gazprom and CNPC move forward on a China-bound route, market expectations can tighten global gas balances and lift benchmark gas prices, raising Equinor's natural-gas input costs; the impact is moderate because the input is not sole-sourced and has some substitutability.
34% confidenceHop 2
Natural Gas →Stands to benefitA Gazprom-CNPC route would primarily improve Russia's gas export position, and Russia already accounts for a meaningful share of natural-gas supply.
60% confidence