China’s imports of Russian pipeline gas up 2.86-fold in January-February, says customs

Business & Economy March 20, 2022, 16:05

No information was provided this time on physical volumes of pipeline gas imported by China

BEIJING, March 20. /TASS/. The deliveries of Russian pipeline gas to China soared 2.86-fold in January-February 2022 year-on-year to over 526.9 mln tonnes, the General Administration of Customs of China reported on Sunday.

No information was provided this time on physical volumes of pipeline gas imported by China.

Turkmenistan still ranks first among Beijing’s key pipeline natural gas suppliers, with deliveries totaling $1.44 bln in the period (up 1.47-fold). Russia comes second, followed by Myanmar ($224.6 mln), Kazakhstan ($105.1 mln), and Uzbekistan ($48.4 mln).

Australia was the leading supplier of liquefied natural gas (LNG) to China in January-February of this year (4.24 mln tonnes worth $3.57 bln), followed by Qatar (3.53 mln tonnes worth $2.32 bln), Malaysia (1.77 mln tonnes worth $1.87 bln), Indonesia (789,000 tonnes worth $746 mln), and Russia (664,000 tonnes worth $503 mln). The US comes sixth after Russia (517,000 tonnes worth $665 mln).

According to official figures, Russia’s pipeline gas supplies to China climbed roughly 2.54-fold to over 7.53 mln tonnes in 2021 compared with 2020. The total cost of China’s purchases from Russia reached $1.51 bln in 12 months (up 2.37-fold). LNG deliveries amounted to 4.53 mln tonnes (down by 10%) worth $2.77 bln (up by 60%).

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