Sou Hu Cai Jing·2025-09-12 09:12Group 1 - The core viewpoint is that the Chinese market for Gazprom could match the scale of the EU market following the launch of the "Power of Siberia-2" gas pipeline [2] - Gazprom and China National Petroleum Corporation signed a legally binding memorandum in Beijing for the construction of the "Power of Siberia-2" pipeline through Mongolia, with plans to increase gas supply through existing pipelines [2] - After reaching maximum capacity, Gazprom's gas supply to China is expected to reach 106 billion cubic meters annually, comparable to the 140 billion cubic meters supplied to the EU in 2021 [2] Group 2 - The "Power of Siberia" pipeline has been supplying gas to China since the end of 2019, with supply volumes set to reach contractual maximums by December 1, 2024 [2] - The Far East pipeline project includes a domestic pipeline from Sakhalin to Khabarovsk and Vladivostok, with long-term gas purchase contracts signed in February 2022, and supply expected to start in January 2027 [3]