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Russia triples gas supplies to China via Power of Siberia pipeline

RT | March 1, 2021

Russia’s energy major Gazprom said on Monday that it had pumped more gas to China in February via the Power of Siberia pipeline than it had initially planned, more than tripling supplies compared to the same month last year.

“The export of gas to China through the Power of Siberia gas pipeline continues to grow. Supplies regularly exceed our daily contractual obligations. The actual monthly volume of supplies in February is 3.2 times more than in February 2020,” Gazprom said in a statement.

The 3,000km (1,864 mile) cross-border pipeline started official deliveries of Russian natural gas to China in 2019. The so-called eastern route’s capacity is 61 billion cubic meters of gas per year, including 38 billion cubic meters for export. Last year, Gazprom supplied 4.1 billion cubic meters of gas to China via the Power of Siberia. It plans to boost exports by an additional six billion cubic meters.

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

Russia is set to further increase supplies of piped gas to China, including via the Power of Siberia 2 project. This second pipeline entered the design stage last year, and will be capable of delivering as much as 50 billion cubic meters of gas once it’s finished. Gazprom intends to become China’s biggest natural gas supplier, accounting for more than 25 percent of Chinese imports by 2035.

March 2, 2021 - Posted by | Economics | ,

6 Comments »

  1. Another sign that the emergence of China as a threat to America’s post war economic dominance is under serious, and growing threat. “Globalisation” resulted in America’s “1%” exporting their industrial production from the USA to China/Asia, leaving cities like Detroit as Post industrial wastelands(and millions unemployed).
    The USA has been sold out, to the New Asian Century, and it’s too late to stop it.

    Ronny Reagan should be dug up, and hanged.

    Liked by 1 person

    Comment by brianharryaustralia | March 2, 2021 | Reply

    • A robustly “gassy” achievement!

      Liked by 1 person

      Comment by roberthstiver | March 3, 2021 | Reply

    • Brian, RR shouldn’t be the only one who deserves hanging….

      Liked by 1 person

      Comment by roberthstiver | March 3, 2021 | Reply

      • Absolutely…….I think American ‘Westerns’ used to refer to it as “A Neck Tie Party”

        Liked by 1 person

        Comment by brianharryaustralia | March 3, 2021 | Reply

        • Perhaps I, as complicit-by-association and apathetic at that, should be part of the “Party.” Bring it on…for the benefit of the advancement of a decent “civilization”….

          Liked by 1 person

          Comment by roberthstiver | March 3, 2021 | Reply

          • …..Let’s not get too serious about this……..

            Liked by 1 person

            Comment by brianharryaustralia | March 3, 2021 | Reply


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