Gazprom increased gas supplies at the request of the Chinese side
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Gazprom has revised its daily gas supplies to China. At the request of the Chinese company CNPC, daily deliveries will be increased relative to the previously approved schedule for 2022. Also company informedthat on December 7 a new maximum of daily deliveries was reached through the Power of Siberia gas pipeline. The excess amounted to 16.1%.
“Gazprom met the request of the Chinese side to increase daily gas supplies in December relative to the previously approved schedule for 2022,” the company said in a statement. It is noted that the deliveries are under a bilateral long-term sale and purchase agreement between Russian and Chinese companies.
On the eve of December 7, China eased coronavirus restrictions. In addition, China also began to increase electricity consumption due to lower temperatures, and demand for coal and gas for heating increased.
On the demand for Russian LNG in Europe and China – in the material “Kommersant” “LNG prices have entered the winter mode”.
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