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Given that Western sanctions have devastated Moscow’s dominance on European energy markets, Russia is driven to foster stronger energy relationships with China. Projected prices for China are set to lower gradually from 2025 to 2027, while the costs of supply via Western routes are expected to hold steady. The report notes that as discussions continue about connecting the Power of Siberia 2 pipeline to the Chinese network, Gazprom could increase its supply of natural gas to China to 98 billion cubic meters annually. Read also: Ukraine won’t renew gas transit contract with Russia At the same ti…

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