Russia was predicted to be China’s largest gas supplier in 2024

No time to read?
Get a summary

Next year, Russia could surpass Turkmenistan to become China’s largest gas supplier. This view was expressed in an interview TASS said Valdai Club expert Alexey Grivach, Deputy General Director of the National Energy Security Fund.

“Supplies to China will continue to increase in accordance with the supply contract under the Power of Siberia. Already this year China has become the largest importer of Russian pipeline gas. He will strengthen his leadership next year,” Grivach emphasized.

Finam Financial Group analyst Sergei Kaufman suggested that Russia’s gas supplies to China through the Power of Siberia should increase from 22-23 billion cubic meters in 2023 to 30 billion cubic meters in 2024.

Experts noted that Russia could increase gas supply to Central Asian countries, including Kazakhstan and Uzbekistan. According to Kaufman, the supply volume to Central Asia may increase to 10 billion cubic meters per year in the next 2-3 years.

December 17, Deputy Prime Minister of the Russian Federation Alexander Novak statedWithin the scope of the “Power of Siberia”, it is predicted that the export of Russian gas to China will exceed the 22 billion cubic meters specified in the contract by the end of 2023.

It was previously reported that Gazprom acted harshly. augmented Gas supplies to China through the Power of Siberia.

No time to read?
Get a summary
Previous Article

A little winter revolution?

Next Article

In the Ivanovo region, a diesel locomotive destroyed a car full of people