For the United States, there is one more matter as significant as the September 3rd military parade: China and Russia have just signed a major deal - Siberia Power-2.

This natural gas pipeline is planned to supply 50 billion cubic meters of natural gas to China annually.

Although the pricing, construction schedule, and financing have not been finalized yet, the memorandum signed by both sides is binding, and its significance is no small matter.

The natural gas from this pipeline mainly comes from gas sources near the Arctic, which in the past mainly supplied the European market.

Evident changes are: first, Europe has basically bid farewell to cheap energy (of course, this is also its own choice); second, Russia's energy strategy has completely changed.

Everyone knows that energy is not only an economic issue, but also a political lever, especially for Russia.

According to this pace, the global energy map may be updated into a new version, and even the geopolitical map will be updated synchronously.

Energy has entered the G2 era.

For China, stable pipeline natural gas is obviously more convenient and safer than seaborne liquefied natural gas, further binding Sino-Russian energy relations.

In 2023, the Chinese customs reported that the import of liquefied natural gas was 71.32 million tons, approximately 98.4 billion cubic meters.

The natural gas imported through pipelines was 67.1 billion cubic meters.

If the Siberia Power-2 pipeline is completed, the annual gas supply will be 50 billion cubic meters, plus the gas volume from other Russian pipelines.

The total amount of natural gas imported from Russia will reach 100 billion cubic meters, which is roughly equivalent to the liquefied natural gas imported in 2023.

For the United States, it is a mix of joy and worry.

The joy is that it can finally stably sell its natural gas to the big customer in Europe, and the worry is how much share of the Chinese natural gas market will be left for it.

Original: www.toutiao.com/article/1842296055916548/

Statement: This article represents the views of the author himself.