Putin and Xi to Discuss Major Gas Project at Summit

Russian President Vladimir Putin and Chinese President Xi Jinping are set to discuss the Power of Siberia 2 pipeline project at a summit next week. The meeting comes just days after Donald Trump's visit to Beijing. The project is seen as a key part of Russia's strategy to redirect its natural gas exports to China. Power of Siberia 2 is planned as one of Russia's largest gas pipeline projects, with an annual capacity of 50 billion cubic meters. The talks are said to aim at deepening energy cooperation between the two countries and balancing uncertainties in gas exports to Europe. The summit also coincides with a critical period for geopolitical balances. Developments in US-China relations following Trump's visit to China have accelerated Russia's energy moves toward the Asian market. Analysts say that if completed, the project could create a significant supply shift in global gas markets. Although the project's financing and construction timeline have not yet been finalized, both sides are reported to be eager to reach an agreement. Energy experts emphasize that such large-scale infrastructure investments typically require lengthy negotiations and that geopolitical factors could influence the process. This is not investment advice.