Gazprom continues to increase gas exports to China via the Power of Siberia gas pipeline

St.Petersburg, November 3 - Neftegaz.RU. Gazprom Export reported, that the company continues to increase gas exports to China via the Power of Siberia gas pipeline from the Chayandinskoye field. Average daily deliveries in October were 16.9% higher than in September.

The total volume of gas delivered in October amounted to 117.2% of the planned figures for this month due to increased nominations from the Chinese side.

The Power of Siberia is the largest gas transmission system in Russia’s East. It is aimed to transport gas from the Irkutsk and Yakutia gas production centers to consumers in Russia’s Far East and China. Deliveries of Russian pipeline gas to China via Power of Siberia started on December 2, 2019.

On 21 May 2014, Gazprom and China National Petroleum Corporation (CNPC) signed the 30-year Sales and Purchase Agreement for Russian gas to be supplied via the eastern route (the Power of Siberia gas pipeline). The document provides for gas deliveries to China in the amount of 38 bcm per year.

The Chayandinskoye oil, gas and condensate field is one of the largest fields in eastern Russia. The field forms the backbone of the Yakutia gas production center and serves as a resource base for the Power of Siberia gas pipeline (along with the Kovyktinskoye field in the Irkutsk Region).