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Russian pipeline gas supplies to China up 2.63-fold in 2022 to $3.98 bln

No information was provided on physical volumes of pipeline gas imported by China last year compared with previous years

BEIJING, January 20. /TASS/. The cost of Russian pipeline gas delivered to China in 2022 amounted to $3.98 bln, a 2.63-fold increase, the General Administration of Customs of China reported on Friday.

No information was provided on physical volumes of pipeline gas imported by China last year compared with previous years.

In December, Russian pipeline gas supplies to China reached $434.38 mln in money terms, down by 3.3% month-on-month.

Turkmenistan still ranked first among Beijing’s key pipeline natural gas suppliers, with deliveries totaling $10.25 bln in the reporting period (up by 51%). Russia came second, followed by Myanmar (up by 1.3% to $1.43 bln), Kazakhstan (down by 4% to $1.08 bln), and Uzbekistan (up by around 34% to $1.07 bln).

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).