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Russia to China Gas to Rise 50% 2023

NATURAL GAS

Russia will increase pipeline gas supplies to China by 50% this year - amounting to 22 billion cubic meters, according to Deputy Prime Minister Alexander Novak at the weekend.

  • "Last year we delivered 15 billion cubic meters of natural gas and expect this figure in 2023 to reach 22 billion cubic meters, which is almost a 50% increase," Novak said.
  • China is being lined up as a long-term outlet for Russian gas now that the European market has diminished significantly.

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