CNPC urged to increase Russian gas supplies to China
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Huang Yongzhang, vice president of the Chinese oil and gas company CNPC, called for an increase in gas supplies from Russia to China along the eastern route, that is, through the Power of Siberia gas pipeline. He stated this at the Russian-Chinese energy business forum, which took place on November 29 in Moscow, transmit “RIA News”.
“We should steadily increase gas supplies from Russia to China via the eastern route. The parties continue cooperation in this area, using all its advantages, strengthening and deepening business cooperation,” Yongzhang said. He also considers it important to strengthen the scientific and technical direction. According to him, this is necessary to improve the quality of joint work between Russia and China in the oil and gas sector. In addition, Yongzhang called for developing cooperation between the two countries in the field of green and low-carbon energy.
“Gazprom” has been supplying pipeline gas to China via the Power of Siberia gas pipeline since 2019. According to RIA Novosti, in 2020, gas supplies to the Chinese market amounted to 4.1 billion cubic meters. m, and in 2021 – 10.4 billion cubic meters. m. According to the agency, in 2025 it is expected to reach the design annual capacity of 38 billion cubic meters. m.
February 4thGazprom» and CNPC signed a long-term agreement on the supply of natural gas to China via the “Far East” route. It was noted that after the project reaches its full capacity, Russian pipeline gas supplies to China will increase by 10 billion cubic meters. m. Their volume will reach a total of 48 billion cubic meters. m per year, including supplies via the Power of Siberia gas pipeline.
“The signing of the second contract for the supply of Russian gas to China testifies to the highest level of mutual trust and partnership between our countries and companies. Our Chinese partners from CNPC have already managed to make sure that “Gazprom“is a reliable gas supplier,” said the head of Gazprom, Alexei Miller.
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