China is consolidating its position in the natural gas market, set to become the world's largest importer of pipeline gas this year, surpassing Germany. This change is driven by increased imports from Russia and recent agreements between Beijing and Moscow, including the construction of the Power of Siberia 2 pipeline. In contrast, Germany has reduced its dependence on Russian gas, switching to liquefied gas, which has generated volatility in the market. Global demand for gas continues to rise, with an estimated increase of 1.7% this year.
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