Gazprom announced a fresh milestone in its gas deliveries to China, signaling another record in the amount of pipeline gas sent via the Power of Siberia system. The message, disseminated through the company’s official telegram channel, emphasizes that daily deliveries under the bilateral trade framework continued to exceed the previously agreed contractual obligations. In its statement, Gazprom noted the ongoing maintenance of strong export activity, though it did not disclose the exact daily pump rate to China at the time of release.
For the calendar year 2023, Gazprom reported that liquefied natural gas (LNG) shipments to China through the Power of Siberia totaled 22.7 billion cubic meters. This figure marks about a 50 percent increase from 2022, when LNG deliveries reached 15.4 billion cubic meters. Chinese customs data corroborates a robust energy trade relationship, showing that Russia supplied roughly 8 million tons of gas to China in 2023, with the total value slipping by about a quarter compared with 2022, settling near 5.2 billion dollars. These numbers reflect the continuing expansion of gas trade under long term purchase agreements between Gazprom and CNPC, with shipments routed through the Power of Siberia corridor as a key conduit in the bilateral energy partnership.
The company reiterated that these supplies are executed within the framework of the gas purchase and sale agreement between Gazprom and CNPC, underscoring the strategic and commercial significance of the Siberian gas routes for both nations. The ongoing collaboration aligns with broader efforts to diversify energy supply routes and meet growing demand in Asia, particularly in the Chinese market, where gas consumption trends have shown resilience amid fluctuating global energy prices.
Earlier comments from Alexey Miller, the head of Gazprom, suggested that Russia’s gas exports to China could rise further in the coming years, potentially reaching as high as 48 billion cubic meters per year. This projection reflects optimistic scenarios based on continued infrastructure utilization and potential expansion of pipeline capacity as energy cooperation deepens between the two countries. The outlook emphasizes a steady trajectory for cross-border gas trade, supported by policy alignment, pipeline reliability, and the long-term commercial terms negotiated between Gazprom and CNPC.
There have also been discussions regarding the Power of Siberia 2 project, a potential extension in the cross-border gas framework that could enhance supply reliability and bilateral energy security. While details remain under negotiation, the possibility of an additional pipeline underscores the strategic importance of Russia–China gas cooperation in the region’s energy matrix. Analysts note that any future developments will depend on regulatory approvals, project financing, and the ability to align supply commitments with expanding demand from the Chinese market and neighboring regions.