Gazprom chases China gas expansion

Now the Power of Siberia is operational, the Russian major is exploring additional pipeline options

Gazprom is pushing ahead with plans to ramp up its gas exports to China, seemingly undeterred by the market chaos created by the Covid-19 pandemic and a near one-fifth slump in its profits. The Russian gas giant began pumping gas to China in December, after launching its 38bn m³/yr Power of Siberia (PoS) pipeline. Work continues at the Chayandinskoye field, where PoS sources its gas, in order to raise its production to a plateau rate of 25bn m³/yr, Gazprom reported in mid-April. The company expects to reach this target in 2022-23. Chayandinskoye was placed under quarantine on April 17, according to local authorities. While Gazprom says production is unaffected by the lockdown, it has decline