Core Viewpoint - The global natural gas market is undergoing significant upheaval, with Russia facing unprecedented challenges following the Nord Stream pipeline explosion and the need to explore new supply routes to Europe and beyond [1][3]. Group 1: Impact of Nord Stream Explosion - The Nord Stream pipeline explosion has not only destroyed the pipeline but also severed a crucial economic link between Russia and Europe, resulting in a loss of gas supply capacity and substantial euro revenue for Russia [3]. - This incident has raised concerns about energy supply security in Europe, leaving a lasting shadow over future energy relations [3]. Group 2: Shift to Turkey and Its Challenges - In an attempt to regain control over European gas supplies, Putin proposed a bold plan to establish a "gas transportation hub" through Turkey, reflecting a desperate measure as traditional routes have become unviable [3]. - Turkey's geographical advantages and existing diplomatic relations with Russia were key factors in this choice, but the insufficient pipeline capacity and management disagreements led to a breakdown in negotiations [5][8]. Group 3: Focus on China as a Reliable Market - With the Turkish route proving unfeasible, Russia is shifting its focus to China, which is seen as a more reliable market for gas exports [6]. - The efficient operation of the Eastern Route pipeline has built a strong foundation of trust between China and Russia, especially amid fluctuating global energy prices [6]. Group 4: Development of New Pipelines - Russia is actively advancing the construction of the Far East route, which is a critical component of its eastern export strategy, with expectations for it to be operational by 2027 [9]. - The "Power of Siberia 2" pipeline is also under negotiation, with a planned annual gas supply capacity of 50 billion cubic meters, comparable to that of Nord Stream 1, indicating a significant strategic shift in Russia's energy export plans [9][12]. Group 5: Long-term Energy Cooperation - The energy cooperation between China and Russia is characterized as a long-term partnership rather than a one-time transaction, with China having a diversified energy procurement strategy and a commitment to sustained collaboration [10]. - The shift away from reliance on Turkey has underscored the importance of stability in international energy relations, with China emerging as a dependable partner for Russia [12].