Moscow, March 21 (EFE).- Russia aims to supply China by 2030 with at least 98 billion cubic meters of gas and 100 million tons of liquefied natural gas, Russian President Vladimir Putin said on Monday when meeting his Chinese counterpart Xi Jinping.
“Russian companies can meet the growing demand for energy resources from the Chinese economy, both within the framework of current projects and those currently being negotiated,” Putin said at the start of the meeting in an expanded format with Xi and the delegations. of the two leaders.
“The total volume of gas supply by 2030 will be at least 98 billion cubic meters. Plus 100 million tons of liquefied natural gas,” said the head of the Kremlin.
Russia has found an important buyer for its gas in China, but it is still not enough to offset the reduction in exports to Europe.
In 2021, ahead of the Russian military campaign in Ukraine, European Union (EU) countries imported some 155 billion cubic meters of Russian gas.
Russian gas exports fell by 25.1% in 2022, a decline that was partly offset by the 48% increase in supplies to China.
Last year, supplies to China through the “Siberian Force” gas pipeline reached a record 15.5 billion cubic meters, representing an increase of 49% compared to 2021.
Putin stressed that the two delegations have discussed a “good project” in the energy sector, the “Siberian Force 2” gas pipeline, which will bring more Russian gas to China through Mongolia.
“Almost all the parameters of this agreement have been agreed. (The pipeline) will transport 50 billion cubic meters of gas, reliably and stably from Russia” to China, Putin explained.
Russia and China also signed an intergovernmental agreement in February on the supply of Russian gas through the “Far East” route, which will increase deliveries of this hydrocarbon from Russian territory to the Asian giant by 10,000 million cubic meters per year. .
The agreement provides for the construction of a cross-border section of the pipeline, which will start at a metering station in Russia near Dalnerechensk in the Primorye region bordering China, pass through the Ussuri River and end in the Chinese town of Hulin, which cute with Russia
