Gazprom close to maximum gas supply for China

Russian Gazprom company’s chairman, Viktor Zubkov said on Wednesday his firm expects to reach the maximum planned level of gas supplies to China.

“The gas supply through the Power of Siberia pipeline will soon reach the contracted annual volume of 38 billion cubic meters,” Zubkov stated.

During the government-organized economic forum, chairman explained Russia’s Gazprom is also studying the feasibility of adding a new supply project crossing neighbouring Mongolia.

China’s energy imports from Russia hiked more than 30 percent throughout the previous year, reaching $18.6bn. Regarding the Russian-Ukrainian conflict, China has called for a cease-fire but not for a Russian withdrawal from Ukraine.

China is the biggest emitter of climate-changing industrial gases and its carbon emissions are expected to rise even more. China’s Communist Party escalated mining of coal and construction of coal-fired generating stations.

The ruling party hopes to counter power shortages which occurred in 2021 and forced some factories to shut down.