Russia and China approve supply of additional gas volume to China in 2023

19.10.2023, China.

Gazprom and China’s national oil and gas corporation CNPC signed an additional agreement for the supply of an increased volume of Russian blue fuel to China in 2023, the press service of the Russian company said on October 19.

Gazprom and CNPC signed an Additional Agreement to the Agreement on gas purchase and sale through the ‘eastern’ route for additional volume of Russian gas supplies to China until the end of 2023“, – stated in the message.

It should be noted that Alexey Miller and Dai Houlin, Chairman of the Board of Directors of CNPC, had a working meeting in Beijing where the Supplementary Agreement was signed. During the dialog the parties discussed a wide range of issues of bilateral strategic cooperation.

Earlier on October 11, Russian President Vladimir Putin said at the plenary session of the international forum “Russian Energy Week” that Russian gas supplies to China through the pipeline “Power of Siberia” will reach the design capacity of 38 billion cubic meters by 2025.

In 2022, Gazprom delivered 15.4 billion m³ of gas through the Power of Siberia, with 22 billion m³ scheduled to be delivered in 2023.

The construction of the Power of Siberia-2 gas pipeline through Mongolia is currently under consideration. The total volume of gas supplies to China, including transit through Mongolia, will amount to almost 100 billion cubic meters per year.

Source: Rossa Primavera News Agency