RUSSIA'S GAZPROM BREAKS DAILY RECORD FOR GAS SUPPLY TO CHINA

Russian energy giant Gazprom (GAZP.MM) said on Wednesday it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline. Gazprom did not provide a figure for the new daily record but said total gas exports to China via the pipeline amounted to 22.7 billion cubic metres in 2023, nearly 1.5 times more than the 15.4 bcm shipped in 2022.

Russia is ramping up supplies to China to compensate for the loss of most of its gas sales in Europe since the start of the war in Ukraine, which prompted Western states to slap sanctions on Moscow and cut their reliance on Russian energy.

Learn More