Gazprom's exports to China via the Siberia Power Grid reached the maximum level

Russian gas supplies to China via the Power of Siberia gas pipeline reached the maximum contractual level ahead of schedule, Gazprom's press service said on December 2.

"Gazprom has secured an early increase in Russian natural gas exports to China via the Power of Siberia gas pipeline. Since December 1, daily supplies have been brought to the maximum contractual level," the energy company said on its website.

In accordance with the request of China, the measure was implemented a month earlier than the original term, which is provided for by a long-term contract with the Chinese national oil and gas corporation CNPC. It is noted that in this way gas supplies through the "Power of Siberia" in 2024 will exceed the contractual obligations of "Gazprom".

Earlier, on September 20, "Gazprom" reported on reaching an agreement with CNPC on the early withdrawal of gas to China through the "Power of Siberia" to the maximum contractual level. The increase in supplies was previously scheduled for early 2025.

In November, Russian Deputy Prime Minister Alexander Novak said that Russia was also considering a new potential route for gas exports to China that passes through Kazakhstan. The matter may concern supplies of another 35 billion cubic meters of energy resource.