20 Nov 2020 13:43

Gazprom, CNPC discuss increased gas supplies to China via Power of Siberia

MOSCOW. Nov 20 (Interfax) - Gazprom and CNPC are discussing an extra 6 billion cubic meters of gas supplies via the Power of Siberia pipeline, the Russian gas giant said following a videoconference between its CEO, Alexei Miller, and CNPC Chairman Dai Houliang.

"Also discussed was a further increase of gas supplies by 6 bcm via Power of Siberia once the plateau [of 38 bcm per year] has been reached," it said.

"Projects to deliver pipeline gas from Russia to China were discussed at the meeting: Power of Siberia 2 via Mongolia, the 'western route' and from the Far East," the company said.

Gas supplies via Power of Siberia to China from the Chayanda field are "being made reliably, above target," it said.

"Average daily supply volumes in October and the first 20 days of November exceeded contract volumes, in keeping with Chinese requests. Daily supplies exceeded [contract volumes] by a record 25% on November 12. In keeping with the purchase-sale contract for gas, Gazprom is making preparations to increase supplies further in 2021," Gazprom said.

The meeting also touched upon cooperation in the underground storage of gas, gas generation, scientific and technical cooperation, the use of gas vehicle fuel, personnel development and equipment standardization and certification.