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Power of Siberia controversies

There are some rather large controversies in estimates of gas volumes that will be exported via this pipeline from Russia to China:

1. In 2023, gas supplies via the Power of Siberia gas pipeline to China are planned at the level of 22 billion cubic meters, Russian Deputy Prime Minister Alexander Novak said earlier in 2022. The Power of Siberia will reach the declared level of 38 billion cubic meters in 2027, he noted. Previously, it was assumed that it would be possible to ensure supplies in such a volume as early as 2024.

2. This estimate clearly contradicts to earlier published one: "the connection at the beginning of 2023 of the Kovytka field, near Lake Baikal, to the Power of Siberia will contribute significantly to this increase. In 2025 - the year the pipeline will reach maximum capacity - more than 61 billion m³ of Russian gas will be carried to China".

3. As reported on 30th September 2022, Gazprom resumed gas supplies to China via Power of Siberia. The export capacity of the main gas pipeline is 38 billion cubic meters of gas per year, it is planned to reach its full capacity by 2025.

Gazprom has resumed gas supplies via the Power of Siberia pipeline to China. This was reported in the official Telegram channel of the Russian holding.

On September 22, scheduled maintenance work began on the gas pipeline. They ended on the 29th. According to an agreement with the Chinese company CNPC, repairs are carried out annually - in spring and autumn.

"Scheduled maintenance work on the Power of Siberia gas pipeline has been completed. Gas transportation, as planned, has been resumed today," the statement said.

Deliveries of Russian gas to China in January-August 2022 increased by 60% and are regularly delivered in excess of the daily quantities established by the contract. In 2021, Gazprom supplied 10.39 billion cubic meters of gas to Power of Siberia. And from 2023, the Russian holding plans to further increase the volume of gas supplies to China under existing contracts. By the way, the export capacity of the gas pipeline is 38 billion cubic meters of gas per year. It is expected to reach the design capacity by 2025.

Earlier it was reported that in 2024 the construction of the Power of Siberia-2 gas pipeline could begin. The work is scheduled to be completed in 2029. Recall that the first branch was put into operation in 2019.

So, 10.39 in 2021, but what's next: 38 in 2027, or 38 in 2025, or 61 in 2025?


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