Gazprom will increase gas supplies to China to export volumes to Europe – Kommersant

Head of Gazprom (MOEX: GAZP) Alexey Miller said that the company’s pipeline supplies to China could reach the volume of supplies to Europe. He said this in response to a question from VGTRK correspondent Pavel Zarubin. Video published in Telegram channel journalist.

“Pipeline supplies to China in the very near future may reach the level of supply volumes that we had for export to Western Europe,” Mr. Miller said.

At the end of 2022, Gazprom exported about 85 billion cubic meters. m of gas to European countries. The company exported 15.5 billion cubic meters to China via the Power of Siberia gas pipeline in 2022. m of gas. Alexey Miller saidthat in the coming years, Gazprom’s export volume to China will amount to 48 billion cubic meters. m of gas per year, and taking into account the transit gas pipeline through Mongolia – about 100 billion cubic meters. m of gas per year.

Previously, Kazakhstan announced a new contract for gas exports to China in 2023–2026. At the same time, during the heating season, the country’s government allowed a complete refusal to export in order to ensure the domestic market. The contract was concluded two weeks after Gazprom began supplying gas to Uzbekistan in transit through Kazakhstan.

Read more in the Kommersant article. “Kazakhstan has found gas to supply to China”.

Petr Buzlaev