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Gazprom and CNPC discuss planned supplies of Russian gas to China

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LNG Industry,

Gazprom has announced that Alexey Miller, Chairman of the company’s management committee, has paid a working visit to China.

During his visit, Miller held a meeting with the Chairman of the board of directors at CNPC, Wang Yilin, in Beijing. At this meeting, a number of issues were discussed related to the cooperation between the two companies, focusing on the on going preparations for the start of gas supplies to China via the Power of Siberia gas pipeline.

According to the statement, particular attention was paid to scheduled deliveries of Russian gas to China from the Far East and via the western route. It was noted that, last year, China became the world’s larger importer of gas, with imports totalling 125.7 billion m3. This is a 31% increase (30.3 billion m3) compared to 2017. Gazprom claims that this growth was obtained largely through LNG, since China is not currently able to meet its rising demand using existing pipelines.

After the discussions, Miller said: “Construction of the Power of Siberia gas pipeline is going ahead of schedule, and Gazprom will start delivering gas to China well in advance, as early as 1 December 2019.”

In addition to this, Gazprom claims that Miller and Yilin also discussed their respective companies’ collaboration in the areas of gas-fired power generation, the use of gas a vehicle fuel, underground gas storage, and science and culture.

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