MOSCOW, June 2 Senators at a meeting of the House on June 7 will discuss the law on ratification of the agreement between Russia and China on cooperation in the field of natural gas supplies via the Far East route.
This intergovernmental agreement, signed on January 31, 2023, provides for the construction of a cross-border section of the gas pipeline. It starts at a gas measuring station (GIS) in Russia near Dalnerechensk, passes through the Ussuri River and ends at the Hulin launch station in China (does not include GIS and launch station). The design, construction and operation of the site in Russia is carried out by Gazprom, China — by the Chinese National Oil and Gas Company.
Earlier, Russian Prime Minister Mikhail Mishustin explained that with the gas pipeline reaching its full capacity, Russian gas supplies to China would increase by 10 billion cubic meters per year. The implementation of the agreement will be beneficial to both parties and will give an additional impetus to the socio-economic and technological development of our Far Eastern regions, the prime minister emphasized.
Now Gazprom supplies gas to China via the Power of Siberia pipeline. Export on it at the end of 2022 amounted to 15.5 billion cubic meters. As the project progresses, it is planned to annually increase the volume of deliveries until reaching the design annual capacity of 38 billion cubic meters per year by 2025. The development of the «Chinese vector» is also connected with the route involving the construction of the Power of Siberia-2 pipeline through Mongolia for 50 billion cubic meters per year. The project is being worked on.