AIRLINK 74.80 Decreased By ▼ -5.20 (-6.5%)
BOP 5.19 Increased By ▲ 0.01 (0.19%)
CNERGY 4.48 Increased By ▲ 0.02 (0.45%)
DFML 34.70 Decreased By ▼ -0.46 (-1.31%)
DGKC 77.70 Increased By ▲ 0.82 (1.07%)
FCCL 20.10 Increased By ▲ 0.12 (0.6%)
FFBL 36.70 Increased By ▲ 1.10 (3.09%)
FFL 9.44 Decreased By ▼ -0.09 (-0.94%)
GGL 10.18 Increased By ▲ 0.02 (0.2%)
HBL 117.10 Increased By ▲ 0.10 (0.09%)
HUBC 133.27 Increased By ▲ 0.77 (0.58%)
HUMNL 7.02 Decreased By ▼ -0.04 (-0.57%)
KEL 4.62 Decreased By ▼ -0.03 (-0.65%)
KOSM 4.60 Decreased By ▼ -0.05 (-1.08%)
MLCF 36.92 Decreased By ▼ -0.58 (-1.55%)
OGDC 133.69 Decreased By ▼ -0.78 (-0.58%)
PAEL 23.17 Increased By ▲ 0.27 (1.18%)
PIAA 26.55 Decreased By ▼ -0.08 (-0.3%)
PIBTL 6.72 Decreased By ▼ -0.09 (-1.32%)
PPL 112.00 Decreased By ▼ -0.10 (-0.09%)
PRL 27.05 Decreased By ▼ -0.15 (-0.55%)
PTC 14.42 Increased By ▲ 0.04 (0.28%)
SEARL 56.15 Decreased By ▼ -0.24 (-0.43%)
SNGP 67.10 Increased By ▲ 0.10 (0.15%)
SSGC 10.90 Increased By ▲ 0.07 (0.65%)
TELE 9.28 Decreased By ▼ -0.01 (-0.11%)
TPLP 11.15 Decreased By ▼ -0.03 (-0.27%)
TRG 67.00 Decreased By ▼ -2.00 (-2.9%)
UNITY 25.30 Decreased By ▼ -0.19 (-0.75%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 7,528 Increased By 5.9 (0.08%)
BR30 24,405 Increased By 3.3 (0.01%)
KSE100 71,612 Decreased By -83.2 (-0.12%)
KSE30 23,511 Decreased By -30.7 (-0.13%)
Markets

Russia to double natgas volume to China in 2021 as cold spell bites

  • This will put on track an annual volume of 10 billion cubic metres (bcm) for 2021, double last year's level.
  • The Power of Siberia project has pumped 1.13 bcm of gas to China since the heating season started around mid-November.
Published January 4, 2021

SINGAPORE: Russian natural gas transported to China via the Power of Siberia pipeline touched 28.8 million cubic metres per day, as of Jan. 3, to feed homes and factories as northern China faces frigid weather conditions, national oil and gas pipeline giant PipeChina said.

This will put on track an annual volume of 10 billion cubic metres (bcm) for 2021, double last year's level, state-run infrastructure group PipeChina said on Sunday, without providing comparison figures of the supply level prior to Jan. 3.

The increased volume of supply was due to a new 1,110-km (689.72 miles) pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing in northern China's top steelmaking region of Hebei.

The Power of Siberia project has pumped 1.13 bcm of gas to China since the heating season started around mid-November, with most of it headed to smog-prone Beijing-Tianjin-Hebei regions.

Russian gas giant Gazprom said on Monday it had increased gas supplies via the pipeline in line with 2021 contractual obligations.

The volumes now are double those in the last quarter 2020. It has plans to reach annual peak supply of 38 bcm by 2025.

Comments

Comments are closed.