• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 19, 2025
  • Login
  • Register
thehopper.news
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News
    • All
    • Politics
    • World
    Putin and Trump need to meet – Orban

    Putin and Trump need to meet – Orban

    Brazil’s Lula tells Trump he’s not ‘emperor of the world’

    Brazil’s Lula tells Trump he’s not ‘emperor of the world’

    It’s time, Ukraine: Kiev braces for a final reckoning

    It’s time, Ukraine: Kiev braces for a final reckoning

    US vice president opposes paying for Ukraine – spokesperson

    US vice president opposes paying for Ukraine – spokesperson

    Russian ‘alligator’ obliterates Ukrainian drone (VIDEO)

    Russian ‘alligator’ obliterates Ukrainian drone (VIDEO)

    Israel attacks Catholic Church in Gaza – Vatican

    Israel attacks Catholic Church in Gaza – Vatican

    Inside the mind of America’s most unhinged war salesman

    Inside the mind of America’s most unhinged war salesman

    Coke to swap key ingredient – Trump

    Coke to swap key ingredient – Trump

    EU country moves to sanction Ukrainian military officials

    EU country moves to sanction Ukrainian military officials

    Russian soldier catches Ukrainian drove with bare hands (VIDEO)

No Result
View All Result
thehopper.news
No Result
View All Result
Home News

Gazprom boss explains importance of Chinese market

by Admin
October 19, 2023
in News, Politics, World
0
27
SHARES
108
VIEWS
Share on FacebookShare on Twitter

Published: October 19, 2023 5:22 am
Author: RT

Russian gas exports to China are set to equal the pre-sanctions level of supplies to the EU, Aleksey Miller says

Russian pipeline gas supplies to China will soon reach the volume sold to the EU before the bloc imposed sanctions on energy imports from Moscow, Gazprom CEO Aleksey Miller said on Wednesday.

The top executive stressed that only exports to China are able to substitute the volumes rejected by EU buyers as a result of Ukraine-related sanctions.

In January 2023, Russia became China’s number one supplier of natural gas, according to Chinese customs data.

Supplies via the Power of Siberia pipeline alone increased by 50% this year to 15.5 billion cubic meters, according to Russian Deputy Prime Minister Aleksandr Novak. He added that in 2023, pipeline gas sales to China are expected to rise by 43 % to 22 billion cubic meters.

In June, Novak announced plans to increase Russian gas exports to Asian markets to 170 billion cubic meters over a seven-year period, once major infrastructure projects are implemented. Russia expects to build the Power of Siberia 2 pipeline to China though the territory of Mongolia, and increase supplies via the existing Power of Siberia pipeline.


READ MORE: Putin comments on planned new mega gas pipeline

According to the International Energy Agency (IEA), the EU purchased 155 billion cubic meters of Russian gas in 2021, which accounted for 45% of the bloc’s entire gas imports and about 40% of gas consumption.

In 2022, supplies of Russian pipeline gas to the EU nearly halved to around 80 billion cubic meters, according to data from the European Council on Foreign Relations (ECFR).

For more stories on economy & finance visit RT’s business section

Full Article

Tags: Russia Today
Share11Tweet7
Previous Post

US closes consulate over fear of riots

Next Post

Fitch puts Israel under ‘ratings watch’

Admin

Admin

Next Post

Fitch puts Israel under ‘ratings watch’

thehopper.news

Copyright © 2023 The Hopper New

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News

Copyright © 2023 The Hopper New

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.