×
×
Project Insights

China embraces new era of Russian piped gas imports

Startup of gas flows along the Power of Siberia pipeline will provide China with greater supply diversity and may put downward pressure on LNG imports Startup of gas flows along the Power of Siberia pipeline will provide China with greater supply diversity and may put downward pressure on LNG imports.
By Colin Shek 3 days ago Asia Pacific / Supply & Demand 0 34841
Gazprom CEO Alexei Miller talks to Russian President Vladimir Putin via teleconference on the startup of the Power of Siberia pipeline. (Kremlin.ru)

The start of Russian gas exports to China along the Power of Siberia pipeline represents a milestone for China’s gas market as the country ramps up efforts to diversify its international sources of supply amid heightened concerns over energy security.

Gas from Gazprom’s 3,000 km Power of Siberia pipeline crossed the Amur River at 5:00pm (GMT: 9:00am) on Monday into the northeastern border town of Heihe. Chinese President Xi Jinping and his Russian counterpart Vladimir Putin held