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Russia may become China’s largest gas supplier in near future — Gazprom

The gas holding also highlighted its collaboration with Turkey

MOSCOW, February 17. /TASS/. Russia may become the largest supplier of natural gas to the fast-growing Chinese market in the foreseeable future, Gazprom said in a statement on the holding's 30th anniversary.

"The second long-term contract for gas sales was signed in February 2022. The ‘Far East’ route will provide China with 10 bln cubic meters of gas per year. The design of the infrastructure is in progress. Talks are underway for a proposal to supply up to 50 bln cubic meters of gas per year to China via Mongolia. The pipeline is being designed. Russia may become China's major gas supplier in the near future," the statement said.

Gazprom also highlighted collaboration with Turkey. "Establishing a large international gas hub in this country is on the agenda," the gas holding said.

Russia supplied record-breaking 15.5 bln cubic meters of gas to China via the Power of Siberia gas pipeline by the end of 2022. Meanwhile, in the coming years, the total volume of Gazprom's exports to China will reach 48 bln cubic meters of gas per year, and including the proposed transit gas pipeline through Mongolia - around 100 bln cubic meters per year.