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NATGAS: Power of Siberia Pipeline to Reach Full Capacity on Jan. 1

NATGAS

The Power of Siberia pipeline from Russia to China will reach full capacity on Jan. 1, 2025, according to Gazprom Deputy CEO Vitaly Markelov.

  • The pipeline's capacity is 38bcm of gas per year.
  • Gas flows have been gradually increasing since the start of operations in late 2019, rising to 22.7bcm last year.
  • Gas flows to China via the Power of Siberia pipeline hit 18bcm in Jan-Jul 2024, up over 38% on the year, according to Bloomberg calculations.

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