Novak predicted an increase in gas exports due to supplies to China – Kommersant
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Russian Deputy Prime Minister Alexander Novak suggested that Russian gas exports will increase from 91.4 billion cubic meters. m in 2023 to 108 billion cubic meters. m in 2024. According to him, after the launch of the Power of Siberia-2 gas pipeline, gas supplies to China will increase by 50 billion cubic meters. m.
“This year will continue to reorient export flows and increase Russia’s share in the global gas market. According to our estimates, in 2024 pipeline gas exports will increase by 11%, to 108 billion cubic meters. m, against the backdrop of the gradual achievement of the design capacity of the Power of Siberia gas pipeline,” Mr. Novak wrote in an article for the magazine “Energy Policy”.
He added that Russia is rapidly increasing gas exports to China. To reduce the construction time for new infrastructure, the Russian government has simplified the procedures for approving part of the work during the design and construction of gas pipelines.
In November 2023, Alexander Novak saidthat by the end of 2023, gas exports to China will reach 22 billion cubic meters. m. According to the head of Gazprom, Alexey Miller, the Chinese authorities are considering the possibility of increasing supplies through the Power of Siberia after reaching the design capacity of 38 billion cubic meters. m in 2025.
More details in the text “Kommersant” “Gazprom has nothing left to bury”.
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