Gazprom has again raised the record for daily gas deliveries to China via the Power of Siberia pipeline. The figure marks another milestone in the ongoing gas supply relationship between Russia and China, underscoring the strong demand for Russian energy resources in Asia. The latest update was reported through a Telegram channel associated with a Russian energy company, signaling renewed activity on this high-profile corridor.
On November 25, Chinese demand through the Power of Siberia line surpassed the day’s contractual limit once more. Gazprom confirmed that it fulfilled all requested volumes and achieved a new historic high for daily gas supplies to China. The company emphasized that the shipments were executed in full accordance with the long-standing agreement between Gazprom and CNPC, the Chinese state energy giant.
The arrangement between Gazprom and CNPC governs steady gas deliveries over an extended contract period. In previous remarks, Gazprom’s chairman indicated the potential for extra volumes beyond the contracted amount, with discussions suggesting that requests from China could raise the daily supply by as much as 600 million cubic meters within 2023, should the market demand justify it. This sentiment reflects ongoing negotiations around how much extra gas could be mobilized under the existing framework.
Earlier comments from Gazprom leadership hinted that delivery timelines might extend to 2027 as a latest deadline for new capacity. Yet the political and economic climate in both countries has at times encouraged speedier development. President Vladimir Putin has highlighted opportunities to accelerate the Power of Siberia project, and subsequently noted the possibility of advancing the construction schedule for Power of Siberia 2. He also mentioned the broader ambition to expand energy collaboration with friendly states, including faster work on the Far East route, depending on market conditions and strategic partnerships.
Meanwhile, the remarks from various government and industry officials have reflected a broader focus on how gas pricing and supply pathways could evolve in the European context, where prices have been under observation for shifts tied to global supply dynamics. While official statements have tended to emphasize regional supply agreements and their impact on pricing, the conversation continues to center on bilateral energy security and the role of pipeline infrastructure in shaping regional markets.
The Power of Siberia pipeline, which delivers Russian gas to northeast China, stands as a cornerstone of Russia’s export strategy and China’s growing energy imports. Its performance in 2024 and beyond remains a barometer for how price, volume, and project timelines interact in a volatile energy landscape. Observers note that continued cooperation between Gazprom and CNPC could pave the way for additional cross-border projects, expansion of existing routes, and potentially new contracts reflecting evolving demand patterns and strategic priorities across the region.
In summary, the ongoing dialogue around the Power of Siberia and its future phases illustrates the complexity of large-scale energy projects. It demonstrates how contract terms, sovereign interests, and market demand intersect at the intersection of technology, logistics, and geopolitics. As the parties assess capacity, price signals, and timelines, the energy corridor remains a focal point for regional stability and economic collaboration, with 2025 and beyond likely to shape the next steps in Russia’s gas export strategy and China’s expanding energy portfolio.