Gazprom exceeds daily level of gas exports to China on January 1, 3

By Al Mayadeen English
Source: Agencies
5 Jan 2023 00:03

Russian Gazprom reveals starting the new year with new historical records of daily gas exports to China via the Power of Siberia gas pipeline.

Russian energy giant Gazprom

Russian energy giant Gazprom has exceeded its contracted daily level of gas supply to China on January 1 and 3, setting a new record, the company said Wednesday in a statement on social media.

"Gazprom started 2023 with new historical records of daily gas exports to China via the Power of Siberia gas pipeline," Gazprom said.

On January 1, a "fundamentally new level" of daily supplies provided by the 2023 contract has been reached by the company, the statement read.

In a New Year telegram to Russian President Vladimir Putin, Chinese President Xi Jinping emphasized his willingness to boost ties with Moscow in the coming year, China Central Television (CCTV) reported on Saturday.

In addition, the Chinese President stated that relations between Moscow and Beijing could "find fresh prospects for growth in 2023."

The Chinese leader highlighted that 2022 was an unusual year but that "the Chinese-Russian ties have always shown robust development dynamics" despite the faster development of the international crisis and the continuous spread of the coronavirus infection worldwide.

According to Xi, China-Russia trade and economic cooperation have been gradually expanding, with new breakthroughs in the fields of energy and investment.

This comes after Beijing and Moscow previously declared a "no-limits" strategic partnership that saw the collective West concerned as two nations it is seeking to marginalize are growing closer together. However, China has been keeping the partnership on the down low in a bid to avert sanctions from the West.

It is worth noting that despite Western sanctions and blackmail, economic turnover between Russia and China has reached historic highs, Russian President Vladimir Putin said during talks with China's leader Xi Jinping on Friday, adding that the objective of increasing trade volumes to $200 billion would be met ahead of time.