Deputy Prime Minister of the Russian Federation A. Novak held the 17th meeting of the intergovernmental Russian-Chinese commission on energy cooperation
According to him, Russia remains the leading supplier of crude oil to the PRC. In 2019, oil exports to China amounted to about 66 million tons. As for the gas sector, since the launch of the Power of Siberia-1 main gas pipeline, China has already supplied about 3.5 billion cubic meters (bcm) of gas;
In total, in 2020, it is planned to supply 5 bcm of gas to China via Power of Siberia-1, which is provided for in the supply plan.
Coal exports are also growing: in 2019, coal supplies from Russia to China increased by 19%, to 32.8 million tons, and in the first half of 2020, by 10%, to 16.25 million tons.
As a reminder, the design capacity of the Power of Siberia-1 gas trunk line, launched in December 2019, is 38 bcm per year. It is planned to achieve this indicator as the infrastructure develops by 2024.
Caspian Barrel
