Russian energy major Gazprom said that it has pumped more gas to China via the Power of Siberia pipeline than planned. The exports were part of the contract between Gazprom and China National Petroleum Corporation (CNPC).

Gazprom continues to supply gas in accordance with consumer requests in full compliance with contractual obligations. Gas supplies to China are growing via the Power of Siberia gas pipeline under a bilateral long-term contract between Gazprom and CNPC.

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The 3,000km (1,864 mile) cross-border pipeline started official deliveries of Russian natural gas to China in 2019. The eastern route’s capacity is 61 billion cubic meters of gas per year, including 38 billion cubic meters for export.

The agreement on gas supplies via the pipeline was reached in 2014, with Gazprom and CNPC signing a 30-year contract. It’s Gazprom’s biggest agreement ever and Power of Siberia is the first natural gas pipeline between Russia and China.

RT. com / ABC Flash Point News 2022.

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Tomo57Tom
Tomo57Tom
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04-04-22 16:01

China probably pays 50% less then the EU so twice the gas for the same money.

Bob Barker
Bob Barker
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Reply to  Tomo57Tom
04-04-22 16:02

comment image

Wooden Racket
Wooden Racket
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04-04-22 16:01

Oil and gas are in great demand for many developing countries. If EU don’t pay in Rubles, Russia will sell them to Asia countries like China and India, especially with discounted price!