13 Oct 2022 13:43

Gas supplies via Power of Siberia pipeline to China planned at 22 bcm in 2023

MOSCOW. Oct 13 (Interfax) - Gas supplies via the Power of Siberia pipeline to China are planned at 22 billion cubic meters in 2023, Russian Deputy Prime Minister Alexander Novak said at a plenary session during the Russian Energy Week 2022 forum.

"The Power of Siberia gas pipeline has already been built. We will supply 15 bcm of gas via it this year; 22 billion cubic meters are planned in 2023; and we should reach the planned level of 38 billion by 2027," Novak said.

Novak added that Russia produced 764 bcm of natural gas in 2021, and this figure should be exceeded in 2030 according to forecasts.

Russian gas supplies to China from the Chayandinskoye field in Yakutia via the Power of Siberia pipeline began at the end of 2019, with the first five years set for boosting volumes to 38 bcm per year. Gazprom supplied 10.39 bcm to China via the pipeline in 2021, thereby exceeding the contractual level by 390 million cubic meters.

In the coming months, the Kovykta field in the Irkutsk Region is scheduled to be connected to supplies via the main pipeline. From the beginning of 2023, Power of Siberia should provide a new increase in pumping according to the schedule for boosting supplies.