Since the start of this year, Gazprom has reportedly reached a new milestone in supplying gas to China, signaling a notable shift in the regional energy landscape. The company’s leadership has stated that the firm has surpassed its previously set annual gas delivery commitments to the Chinese market, marking a significant achievement in meeting and exceeding expected volumes for the year.
The remarks indicate that Gazprom has been able to push beyond the negotiated yearly totals for deliveries to China, a result attributed to sustained operations along the Power of Siberia pipeline route. In year 2022, Chinese demand led to deliveries that routinely exceeded the daily contractual ceilings, culminating in an overall annual excess relative to the original agreement. This performance underscores how the pipeline project has become a central artery for Russian gas exports to Asia, reinforcing the importance of long-term supply arrangements with Chinese buyers.
In terms of absolute volumes, Gazprom supplied approximately 100.9 billion cubic meters of gas to non-CIS regions in 2022, reflecting its broader export footprint beyond neighboring states. Concurrently, reported gas production within Russia reached about 412.6 billion cubic meters for the same year, highlighting the scale of the country’s domestic output alongside its international shipments.
When comparing performance to the previous year, the company’s leadership noted a roughly 20 percent decrease in total gas production relative to 2021, accompanied by a sharper decline in exports of about 45.5 percent. These figures illustrate the shifting dynamics in both domestic production and international demand that characterized the period. The broader context includes industry assessments that flagged the lowest level of Russian gas exports in decades, a benchmark cited in market commentary at the time.
Industry observers point to several factors shaping these outcomes, including evolving demand patterns in Asia, the contractual flexibility inherent in long-term supply agreements, and the impact of external geopolitical and market conditions on both production planning and export logistics. The Power of Siberia project remains a focal point in discussions about Russia’s role as a major energy supplier to China and the broader region, with quarterly and annual figures frequently used to gauge progress against planned targets and to inform policy and market expectations for the coming years.
Analysts and market participants are watching closely how Gazprom balances upstream production with downstream commitments, as well as how changes in regional demand, pipeline utilisation, and pricing structures influence the pace of exports. The ongoing narrative around gas flows between Russia and China is shaped by the capacity of the Power of Siberia pipeline to accommodate increased volumes and by the ability of both sides to align on supply terms that support steady, predictable deliveries in the medium term. The dialogue around these developments remains a key element in understanding energy trade dynamics across Eurasia, with implications for energy security, regional economics, and market confidence. [Citation: Gazprom corporate communications and market analyses]