Gazprom employee at gas measuring stationMOSCOW, Jan 24 a new absolute daily record for gas supplies to China under a contract with China's CNPC, the Russian company said. in the official Telegram channel of Gazprom.
Gas reserves in European UGS facilities are at a historical minimumGazprom supplies pipeline gas to China via a gas pipeline system «Power of Siberia». Its first section — from the Chayandinskoye field in Yakutia to Blagoveshchensk (border with China) with a length of about 2,200 kilometers — was launched at the end of 2019, and the second — from the Kovykta field to Chayandinskoye in almost 800 kilometers — is planned to be commissioned in early 2023. As the Power of Siberia project is implemented and in accordance with the terms of the contract between Gazprom and CNPC, it is planned to gradually increase the volume of supplies annually to reach the design capacity of 38 billion cubic meters by 2025. An increase in supplies in the future up to 44 billion cubic meters of gas per year is also being discussed. At the same time, as the head of Gazprom Alexei Miller reported in early January, throughout 2021 the company regularly supplied gas to China in excess of contractual obligations. Since January 1, 2022, Gazprom has reached a new level of supplies stipulated by the agreement with CNPC. to Europe
