While the European Union does everything to reject Russian raw materials, Moscow cooperates with Beijing. Gazprom has succeeded in increasing gas supplies to China through the Power of Siberia gas pipeline under a long-term agreement with CNPC.
The Russian energy company “Gazprom” reduced gas production in this by almost 20%. This was reported by the press service of the aggressor country’s gas-producing monopoly, reporting 11 months of work in 2022.
“In January-November 2022, Gazprom produced 376.9 billion cubic meters of gas, according to preliminary data. This is 19.4% (90.8 billion cubic meters) less than last year,” the company said in a press release.
After the introduction of anti-Russian sanctions, Russian gas exports fell significantly. Thus, in January-November of this year, Gazprom supplied 95.2 billion cubic meters of gas to non-CIS countries. (76.3 billion cubic meters), which is 44.5% less than last year.
“Gazprom supplies gas in line with confirmed orders,” he said.
As reported, reducing gas consumption in the European Union has become an important factor in reducing gas demand around the world. In the eleven months of 2022, global demand decreased by 55 billion cubic meters. The decrease in raw material consumption in 27 EU countries was approximately 50 billion cubic meters. m in the UK – more than 6 billion cubic meters. m.
Gas extraction from European underground storage facilities began on 14 November, according to Gas Infrastructure Europe. As of November 29, 2.3 billion cubic meters were withdrawn. m, ie 3.3% of the pumped gas volume in preparation for the heating season.
Gazprom: cooperation with China is growing
At the same time, the monopolist assures that raw material exports to China increased during the reporting period. Deliveries are made through the Power of Siberia gas pipeline, under a long-term bilateral contract signed between Gazprom and the Chinese national oil and gas company CNPC. Moreover, they emphasize that even the daily contract amounts are exported in Russia.
Gazprom will also state that gas demand from the company’s gas transmission system in the Russian domestic market has decreased by 5.7% (12.8 billion cubic meters).
Recall that the European Union cannot agree on a ceiling price for Russian oil. Thus, the EU discussed limiting the sale of raw materials in the range of 65 to 70 dollars per barrel. However, some countries, including Poland, consider this price too high and insist on lowering it. At the same time, Greece, on the contrary, demands that the border bar be raised.
Source: Focus
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