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Russia doubles contractual gas supplies via pipelines to China

Russia

Shipments rose sharply with the onset of cold weather.

Russia doubles contractual gas supplies via pipelines to China

The supply of natural gas from Russia to China via the Power of Siberia 1 (PoS 1) pipeline has increased sharply, as a result of which the volume of gas supplies under contracts through pipelines has doubled to 10 billion m³ /year (27.4 million m³ /day ).

According to the state operator PipeChina, PoS supplies as of January 3 amounted to 28.8 million m³ /day, with additional volumes going to the Beijing-Tianjin-Hebei region.

Supplies have more than doubled from 11.2 million m³ /day in November. China began importing Russian gas through PoS in December 2019 with contract volumes of 5 bcm /yr for the first year. It is planned that this month supplies will grow to 10 billion cubic meters per year, and from 2025 will increase to 38 billion cubic meters per year over 20 years.

China's largest gas supplier, state-controlled PetroChina, has been actively coordinating with Russia's state-owned Gazprom to boost imports, parent company CNPC said last week. China has requested an early increase in Russian gas imports to cope with colder weather and supply shortages.

China's Meteorological Office predicts that from today another cold snap will hit the northern, central and eastern regions of the country, immediately after the cold snap that began on December 29. Temperatures in these regions are predicted to drop by 10 ° C.

МЕТАЛЛУРГПРОМ
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