Gazprom in Talks with China on Extra Gas Supplies

Posted by Michelle Howard
Thursday, October 4, 2018

Russia's Gazprom is in talks with China about additional gas supplies via the Power of Siberia pipeline, Interfax news agency cited Gazprom's CEO Alexei Miller as saying on Thursday.

Interfax cited him as saying that the existing contract was for 38 billion cubic meters per year and that the two sides were discussing the possibility of increasing that by between 5 and 10 billion cubic meters.

Miller was quoted as saying that Gazprom would cover any extra demand using its own resources.

Deliveries of gas to China via the Power of Siberia pipeline are due to begin at the end of December in 2019, but the project is only expected to reach full capacity in 2025. 

Reporting by Andrey Ostroukh and Oksana Kobzeva Writing by Andrew Osborn

Categories: Logistics Shale Oil & Gas

Related Stories

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

Mitsubishi Boosts Stake in Petronas’ Malaysia LNG Plant

Chinese Demand Spurs Global Wind Turbine Ordering

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

MOL Increases Stake in MODEC

Heat Drives Asian LNG Spot Price Spike

Valeura Produces First Oil from Nong Yao Extension Off Thailand

Russia Opens 2024 Arctic Route for Shipping Urals Crude to Asia

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com