Insight
Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China
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Report summary
Russia and China have agreed a long-awaited deal to supply 38 bcm per annum of gas from Gazprom's East Siberian fields into China via the planned 3,000 kilometre Power of Siberia pipeline. Russia has established a new export route for its pipe gas into a growing market, away from its legacy European customers. China has secured competitive volumes of gas from a new pipe importer to satisfy long-term demand in its north-east region.
Table of contents
- Executive Summary
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Russia-China pipe gas sales agreement signed
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Power of Siberia Pipeline
- Power of Siberia Throughput
- A Russian pivot towards Asia
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China secures supply for gas starved region
- North-East China gas supply by source
- Upstream development challenges remain....
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...but Power of Siberia gas is competitive into north-east China
- Power of Siberia Delivered cost to Beijing city-gate (2020)
- Conclusion
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Power of Siberia Pipeline
Tables and charts
This report includes the following images and tables:
- Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China: Image 1
- Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China: Image 2
- Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China: Image 3
- Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China: Image 4
What's included
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