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

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Searah Malaysia Starts Upstream Oil and Gas Operations

Oil Rises 2% as Middle East Hostilities Escalate

Oil Surges to Four-Week High as US-Iran Trade Blows

Noble Gets $136M Brunei Drillship Job

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

ONGC Plans Major New Indian Oil Reserve

Current News

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

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