Turkmenistan Leads in Pipeline Gas Supplies to China

According to Chinese customs data published by the Russian news agency Interfax, Turkmenistan is the leader in gas supplies to China. Thus, last year the Chinese market received 31.2 billion cubic meters of pipeline gas from our country. In April this year, the volume of daily deliveries was 69 million cubic meters, which is 18% less than in January.

At the same time, gas from Russia proved to be the most affordable for Chinese partners: in Q2 2020, its price was $183 per thousand cubic meters. Its price was at $183 per thousand cubic meters in Q2 2020. Other pipeline gas sellers had higher prices: Kazakhstan - $194, Uzbekistan - $212, Turkmenistan - $227, Myanmar - $365.

Recall that "Gazprom" signed a contract with China at the end of last year, according to which in 5 years the supply of gas from Russia should reach 38 billion cubic meters per year.

Source: interfax.ru