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Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China


Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China

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.

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  • Russia opens up its ‘new Europe’ with the Power of Siberia gas export deal to China PDF - 824.95 KB 6 Pages, 0 Tables, 4 Figures

Description

This Gas Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

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  • Executive Summary
  • Russia-China pipe gas sales agreement signed
    • Power of Siberia Pipeline
      • Power of Siberia Throughput
      • A Russian pivot towards Asia
      • China secures supply for gas starved region
        • North-East China gas supply by source
      • Upstream development challenges remain....
      • ...but Power of Siberia gas is competitive into north-east China
        • Power of Siberia Delivered cost to Beijing city-gate (2020)
      • Conclusion

In this report there are 4 tables or charts, including:

  • Executive Summary
  • Russia-China pipe gas sales agreement signed
    • 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
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