Gazprom: Russia may become the largest supplier of gas to China
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Russia may become the largest supplier of gas to China in the near future. This is stated in the materials of “Gazprom” for the event on the occasion of the 30th anniversary of the holding, transmits TASS.
The company recalled that in February 2022 “Gazprom» concluded with China, the second long-term contract for the sale of gas. Thus, along the “Far East” route, gas supplies to China will amount to 10 billion cubic meters. m per year, now infrastructure is being designed. Also “Gazprom» is negotiating the supply of 50 billion cubic meters. m of gas to China through Mongolia, the design of the gas pipeline has already ongoing.
“In the foreseeable future, Russia may become the largest supplier of gas to China,” the company concluded.
In 2022, Russia delivered a record 15.5 billion cubic meters to China via the Power of Siberia gas pipeline. m of gas, exports increased by 49% compared to 2021, Deputy Prime Minister Alexander Novak said. Deliveries through the Power of Siberia began in 2019, within five years the volume of exports should grow to 38 billion cubic meters. m per year. After the Far East route reaches full capacity, volumes will increase to 48 billion cubic meters. m per year.
Taking into account the supply of 50 billion cubic meters. m of gas to China through Mongolia, the volume of Russian gas exports will amount to almost 100 billion cubic meters. m.
At the end of 2022, Russian President Vladimir Putin announced an unprecedented increase in energy supplies from Russia to China. He clarifiedthat Russia already ranks second in pipeline gas exports to China and fourth in LNG supplies.
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