Russian Deputy Prime Minister Aleksandr Novak stated that Russian gas exports to China could reach 30 billion cubic meters this year via the Power of Siberia mega-pipeline. That is about a 32% increase from the 2023 total of 22.7 bcm, which in turn was 50% higher than 15.1 bcm in 2022, according to an article in RT.
Gazprom reported that it has exceeded its contractual obligations on a regular basis throughout the past year, with daily records reported frequently. It is projecting further growth thanks to soaring demand. According to RT, “Moscow and Beijing could soon sign a contract for the construction of the mega-pipeline Power of Siberia 2, which is expected to allow for up to 50 bcm of gas to be delivered annually from Yamal Region in northern Russia to China via Mongolia.”
