Russia became the leader in gas supplies to China in January
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In January, deliveries of Russian natural gas to China amounted to 2.7 billion cubic meters. m, and according to this indicator, Russia came out on top, Interfax reports with reference to the customs of China. The Russian Federation bypassed other major suppliers – Turkmenistan and Qatar (2.2 billion cubic meters each), as well as Australia (1.9 billion cubic meters).
In particular, in January, Gazprom delivered almost 2 billion cubic meters of gas to China via the Power of Siberia pipeline. m of gas. Another 770 million cubic meters. m was obtained thanks to the supply of LNG. According to customs data, total imports in January rose by 1% yoy to 11.3 billion cubic meters. m. LNG supplies increased by 7%, to 5.210 million tons. Pipeline gas imports decreased by 7.2%, to 4.48 billion cubic meters. m.
In 2022, the trade turnover between Russia and China increased by 29.3%, to $190.27 billion, which was a record. Customs called China is among the main trading partners of Russia in 2022. In January-February 2023, the trade turnover between the two countries increased by 25.9%.
Deputy Prime Minister Alexander Novak informedthat deliveries via the Power of Siberia to China in 2022 reached a record 15.5 billion cubic meters. m of gas. By 2025, the volume of deliveries is planned to be increased to 38 billion cubic meters. m per year. Gazprom is also considering deliveries to China via two more routes: from the Far East and through Mongolia.
About the situation on the market – in the material “Kommersant” “Gazprom is catching up”.
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