USD 73.5453

0

EUR 89.2546

0

BRENT 54.55

-0.29

AI-92 43.63

+0.03

AI-95 47.75

-0.02

AI-98 53.28

+0.01

Diesel 48.34

+0.06

29

Power of Siberia’s first year: reliable operation, increased supplies, above-target amounts

Power of Siberia’s first year: reliable operation, increased supplies, above-target amounts

St.Petersburg, December 3 - Neftegaz.RU. Gazprom announced on December 2 that this day marks a year since the start of first-ever pipeline supplies of Russian gas to China – via the Power of Siberia gas trunkline from the Chayandinskoye field. The trunkline supplies gas to consumers in Russia's Far East and China.

At present, Gazprom keeps ramping up its gas exports to China via Power of Siberia. For a second consecutive month, gas is being supplied in excess of the planned amounts as requested by the Chinese party.

Specifically, the aggregate amount of gas supplied in November totaled 113.6 % of the planned volume for that month. The daily average volumes for November exceeded those for October by 16.2 %. On November 12, the surplus in daily volumes hit a record high of 25 %.

Stable and flexible gas supplies are essential to achieving China’s environmental goals that call for reduced use of coal by industrial and residential consumers.

Power of Siberia is the largest gas transmission system in Russia's East. In the year since the launch of Power of Siberia, a total of 3.84 billion cubic meters of gas has been supplied to China via the trunkline. The company continues to prepare to further increase the gas exports in 2021.

To read the article in Russian.