China will increase gas purchases from Russia, raising annual deliveries from 38 to 44 billion cubic meters through the Power of Siberia 1 pipeline.
Ana-Maria Tapescu
International
Foto: shutterstock.com
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Additionally, deliveries through a pipeline from the Far East will increase from 10 to 12 billion cubic meters. Gazprom and CNPC have signed a new cooperation memorandum and another for the construction of the Power of Siberia 2 pipeline, intended to deliver 50 billion cubic meters of gas in northwestern China.
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