Russia to Boost Gas Exports to China to 60% by 2030
Russia plans to increase its gas exports to China to over 60% of total gas exports by 2030, with current deliveries reaching around 50 billion cubic meters in 2024, including through the 'Power of Siberia' pipeline and transit via Kazakhstan.
Consensus
- Russia plans to increase its gas exports to China by 2030.
- The 'Power of Siberia' pipeline is operational and has reached its design capacity of 39 billion cubic meters per year.
- Russia is exporting significant volumes of gas and oil to China.
- Russia is also exporting oil to the Asia-Pacific region, with 80% of its oil exports to that region going to Asian countries.
- In 2024, Russia plans to deliver approximately 50 billion cubic meters of gas to China.
Points of divergence
- Russia's gas exports to China will account for more than 60% of total Russian gas exports by 2030. — kommersant
- Russia will deliver approximately 50 billion cubic meters of natural gas to China in 2024, with 39 billion from the 'Power of Siberia 1' pipeline and 10 billion via Kazakhstan. — vesti
- China's share in Russia's oil imports reached 25% in the first seven months of the year, with 66.43 million tons exported. — kommersant
- Russia's oil production decline is described as temporary by Alexander Novak. — vesti
Coverage (2 sources)
- Novak: China's share of Russia's gas exports will grow to 60% by 2030 — Коммерсантъ
- Novak reported how much gas is planned to be supplied to China in 2026 — Вести
Key entities
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