Russian gas supplies to China via Power of Siberia pipeline significantly exceed contract - Gazprom deputy chairman

ST. PETERSBURG. Oct 10 (Interfax) - Russian gas supplies to China via the Power of Siberia pipeline significantly exceed contractual obligations, and the pipeline is operating at full capacity, Gazprom Deputy Management Board Chairman Vitaly Markelov said during a meeting of the International Business Congress energy initiative at the St. Petersburg International Gas Forum (SPIGF) 2025.

"The Power of Siberia pipeline is currently operating at full capacity. I would even say that gas supply volumes are significantly higher than the contractual ones as we estimate. This year, we have been constantly speaking with our Chinese partners that we are raising our gas supply level. Therefore, the Power of Siberia pipeline is currently operating at full capacity," Markelov said.

Markelov added that Gazprom is working to expand production capabilities in Eastern Siberia.

The Yakut cluster of fields is in the active development stage to meet China's growing demand.

Russian gas supplies to China via the Power of Siberia pipeline began in 2019 under a long-term gas sale and purchase agreement between Gazprom and China National Petroleum Corporation (CNPC). Supplies have exceeded annual contractual obligations since 2020.

In 2024, 31.12 billion cubic meters of gas were exported via the pipeline.

On December 1, 2024, a month ahead of schedule, daily supplies via the Power of Siberia were increased to the maximum contractual level of 38 bcm annually.