CNPC: Gas supplies from Russia to China via the eastern route should be steadily increased
MOSCOW, November 29 – RIA Novosti. Speaking at the Russia-China Energy Business Forum, CNPC Vice President Huang Yongzhang said that Russia’s natural gas shipments to China via its eastern route should be steadily increased.
Gazprom currently supplies pipeline gas to China via the Power of Siberia gas pipeline, which is its eastern route. Deliveries that started at the end of 2019 increased to 4.1 billion cubic meters in 2020 and 10.4 billion cubic meters in 2021, and it is planned to reach an annual design capacity of 38 billion cubic meters for 2025.
Yongzhang said, “It is necessary to steadily increase the gas supply from Russia to China via the eastern route. The parties continue their cooperation in this field, using all their advantages, by strengthening and deepening their commercial cooperation.” said. In order to improve the quality of joint work of Russia and China in the oil and gas sector and to develop cooperation in the field of green and low-carbon energy.
CNPC Chairman Dai Houliang noted that the construction of a pipeline in the Far East and the implementation of the Arctic LNG 2 project should be accelerated.
In early February 2022, Gazprom signed a second long-term contract with CNPC for export via the Far East route. According to him, the total supply volume will increase to 48 billion cubic meters per year. And taking into account the Power of Siberia 2 gas pipeline and its continuation, the Soyuz Vostok gas pipeline through Mongolia, Russia’s gas exports to China could be increased by another 50 billion cubic meters per year.
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