TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Russia reports record gas supplies to China via Siberia

The announcement came as Russian President Vladimir Putin hosts Chinese counterpart Xi Jinping for a second day with the leaders expected to sign agreements including on economic integration.

AFP
Moscow, Russia
Tue, March 21, 2023

Share This Article

Change Size

Russia reports record gas supplies to China via Siberia Facilities of the Novoprtovskoye oil and gas condensates oilfield, 250 km north of the town of Nadym in northern Russia, are pictured on Feb. 18, 2015. (AFP/Andrey Golovanov)

R

ussian energy giant Gazprom said Tuesday it had reached a daily record in gas volumes supplied to China through the Power of Siberia pipeline.

On March 20, China's request for Russian gas supplies via the Power of Siberia pipeline significantly exceeded the existing daily contractual obligations," the company said in a statement.

"Gazprom delivered the requested volumes and set a new historical record for daily gas supplies to China," the company said in a statement, ahead of formal talks between Xi and Vladimir Putin.

The company declined to comment to AFP on the volumnes, describing the figures as closed commercial data.

China has emerged a key economic partner for Russia since the West piled more sanctions on Moscow for its military intervention in Ukraine launched last year.

The economic pivot to China has been a boon to Russia as Moscow lost much of its market share in Europe after the Ukraine conflict intensified.

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

Deliveries via the Power of Siberia pipeline in Russia's Far East reached an all-time high of 15.5 billion cubic meters in total last year, Russian Deputy Prime Minister Alexander Novak said last month.

And by 2025, Moscow is seeking to more than double exports through the pipeline to 38 billion cubic meters each year, he said.

In an article published by the Kremlin ahead of Xi's visit, Putin described Power of Siberia as the most important economic partnership of the last 100 years. 

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.