Gazprom sees new record for daily supplies to China via Power of Siberia for third time this month

MOSCOW. July 25 (Interfax) - Gazprom recorded a new all-time high for daily volumes of Russian gas supplied to China through the Power of Siberia pipeline on July 24, the Russian gas giant said after also reporting new records on July 17 and July 19.

"An all-time high was reached on July 24 for the daily volume of Russian gas exports to China through the Power of Siberia pipeline. We'll note that supplies have been regularly above the daily contract amount in July. Supplies are being carried out within the framework of a long-term contract between Gazprom and Chinese company CNPC," Gazprom said.

Gazprom said earlier that supplies of Russian pipeline gas to China rose 63.4% in the first half of 2022. According to the company's quarterly report, 4.619 billion cubic meters of gas were delivered to China in the first six months of 2021, meaning that 7.5 bcm of gas have been supplied to China in the past six months.

Supplies of Russian gas through Power of Siberia to China from the Chayanda field in Yakutia began at the end of 2019. They are due to be ramped up to 38 bcm per year in the first five years.