Miller reports new daily record of gas deliveries to China, continued growth in exports

MOSCOW. Dec 28 (Interfax) - Gazprom continues to increase gas supplies to China ahead of the entry into force of new contract volumes according to the schedule for boosting supplies, Gazprom head Alexei Miller said during a pre-New Year conference call.

"We made a decision that in December 2022 we will supply gas to China in excess of our daily contractual obligations. The maximum excess was 18.7%. And today we will set another new record for daily deliveries to China," he said.

Supplies of Russian gas through Power of Siberia to China from the Chayanda field in Yakutia began at the end of 2019. The Kovykta field in the Irkutsk region is to be connected to the pipeline's supplies in the coming days.

Supplies are due to be ramped up to 38 billion cubic meters per year in the first five years. Gazprom supplied 10.39 bcm of gas to China via the pipeline in 2021, exceeding contracted figures by 390 million cubic meters. Supplies are expected at 15 bcm in 2022 and 22 bcm in 2023.

Supplies of gas have been reaching new contract levels since January. Gazprom also regularly reported an increase in volumes a year ago in the run-up to a new planned increase.