俄罗斯低估了我国对能源的需求，一旦开始供应，欧洲国家要慌了

Core Viewpoint - The global energy landscape has been significantly altered due to the Russia-Ukraine conflict, leading Russia to pivot towards China as a major market for its energy exports [1][5][14] Group 1: Changes in Energy Exports - Prior to the conflict, Europe accounted for over 70% of Gazprom's natural gas exports, but this reliance has drastically decreased due to sanctions, with exports to Europe nearly halving in 2022 [3][5] - In 2022, Russian natural gas exports to Europe fell by over 40%, while China's natural gas consumption surged, exceeding 3600 billion cubic meters, marking a growth of over 10% from the previous year [5][6] - By 2024, the East Route pipeline's capacity is expected to reach 380 billion cubic meters, with China importing 227 billion cubic meters from Russia, representing nearly 30% of its total pipeline gas imports [7][12] Group 2: Strategic Shifts and Market Dynamics - Russia's shift towards the Asian market, particularly China, has become crucial for its energy strategy, compensating for the loss of European market share [9][11] - Despite the increased exports to China, Russia has had to lower prices to meet Chinese market demands, resulting in reduced revenue [11] - The geopolitical implications of this energy trade are significant, as China's energy security becomes more diversified and stable, reducing reliance on Middle Eastern and Australian supplies [9][14] Group 3: Future Projections - By 2025, it is anticipated that Russian natural gas supplies to China could exceed 1000 billion cubic meters, while Europe's energy gap will continue to widen due to reduced Russian supply [12][14] - The strategic miscalculation by Russia in underestimating China's energy demand has provided insights into the reconfiguration of the global energy market [14]