https://en.sputniknews.africa/20241202/power-of-siberia-five-years-of-strengthening-russia-china-energy-ties-1069511275.html
Power of Siberia: Five Years of Strengthening Russia-China Energy Ties
Power of Siberia: Five Years of Strengthening Russia-China Energy Ties
Sputnik Africa
In May 2014, Russia's Gazprom and China's CNPC signed a 30-year agreement to supply 38 billion cubic meters of gas annually to China via the "Power of Siberia"... 02.12.2024, Sputnik Africa
2024-12-02T14:51+0100
2024-12-02T14:51+0100
2024-12-02T14:54+0100
russia
china
liquefied natural gas (lng)
terrorist attack
international
asia
nord stream 2
gas pipeline
energy
ukraine crisis
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On Monday, the "Power of Siberia" pipeline celebrates its fifth anniversary of operation. Commissioned on December 2, 2019, it spans nearly 4,000 km, linking Yakutia in Russia to northeastern China. Built over seven years starting in 2012, it marked Russia’s strategic pivot toward China as ties between the nations deepened.The pipeline’s significance grew exponentially with the shifting global energy dynamics. Following the Ukraine crisis and subsequent European sanctions, Russia's gas supplies to Europe decreased. Events like the 2022 Nord Stream terrorist attack underscored the need for diversified energy routes. In contrast, "Power of Siberia" provided a reliable alternative, boosting shipments of Russian hydrocarbons to China and reinforcing the mutual economic dependency of the two global powers.Regarding the pipeline's performance, in 2023, it delivered 22.7 billion cubic meters (bcm) of gas to China, with plans to increase to 30 bcm in 2024 and 38 bcm by 2025. By 2030, combined pipeline and LNG supplies from Russia to China are projected to more than double to 85 bcm, driving talks of future expansions like "Power of Siberia 2" and "Power of Siberia 3."
https://en.sputniknews.africa/20230925/all-you-need-to-know-about-power-of-siberia-historic-sino-russian-gas-pipeline-project-1062339538.html
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Christina Glazkova
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russia, china, liquefied natural gas (lng), terrorist attack, international, asia, nord stream 2, gas pipeline, energy, ukraine crisis, cooperation
russia, china, liquefied natural gas (lng), terrorist attack, international, asia, nord stream 2, gas pipeline, energy, ukraine crisis, cooperation
Power of Siberia: Five Years of Strengthening Russia-China Energy Ties
14:51 02.12.2024 (Updated: 14:54 02.12.2024) Christina Glazkova
Writer / Editor
In May 2014, Russia's Gazprom and China's CNPC signed a 30-year agreement to supply 38 billion cubic meters of gas annually to China via the "Power of Siberia" pipeline. Construction began in September 2014, starting with a 2,200 km section from the Chayandinskoye field in Yakutia to Blagoveshchensk which is on the border with China.
On Monday, the
"Power of Siberia" pipeline celebrates its fifth anniversary of operation. Commissioned on December 2, 2019, it spans nearly 4,000 km, linking Yakutia in Russia to northeastern China. Built over seven years starting in 2012, it marked Russia’s strategic pivot toward China as ties between the nations deepened.
The pipeline’s significance
grew exponentially with the shifting global energy dynamics. Following the Ukraine crisis and subsequent European sanctions, Russia's gas supplies to Europe decreased. Events like the 2022
Nord Stream terrorist attack underscored the need for diversified energy routes. In contrast, "Power of Siberia" provided a reliable alternative, boosting shipments of Russian hydrocarbons to China and reinforcing the mutual economic dependency of the two global powers.
Regarding the pipeline's performance, in 2023, it delivered 22.7 billion cubic meters (bcm) of gas to China, with plans to increase to 30 bcm in 2024 and 38 bcm by 2025. By 2030, combined pipeline and LNG supplies from Russia to China are projected to more than double to 85 bcm, driving talks of future expansions like "Power of Siberia 2" and "Power of Siberia 3."
