Russia’s ongoing negotiations with China regarding gas supply deals have become increasingly complex in the wake of geopolitical tensions and shifts in energy demand. As China emerges as the sole major buyer of Russian Arctic gas, analysts highlight the significance of pricing strategies and pipeline logistics, particularly with the proposed Power of Siberia 2 pipeline aiming to facilitate increased exports. While Russia faces pressure to secure favorable terms following its loss of European markets, the dynamics of global LNG supply, particularly from the U.S. and Qatar, complicate China’s energy independence ambitions. This scenario underscores the evolving energy landscape in which both nations are maneuvering to balance their economic needs against strategic geopolitical considerations.