Gazprom's exports are collapsing and supplies to the domestic market are falling, saving China

Gas exports to China through the Power of Siberia pipeline have grown.

Export of gas by Gazprom to distant countries abroad from January 1 to April 15, 2022 amounted to 44.6 billion cubic meters, which is 26.4% less than for the same period in 2021. This is stated in the message of “Gazprom”.

During this period, “Gazprom”, according to preliminary data, extracted 155.9 billion cubic meters. m of gas. This is 1.3% (2.1 billion cubic meters) less than last year.

The company's supplies from the gas transmission system to the domestic market decreased by 3.6% (3.9 billion At the same time, gas exports to China via the Power of Siberia gas pipeline increased.

According to Gas Infrastructure Europe, the gas extraction season from European underground ended on March 19. repositories. So far, they have 25.2 billion cubic meters left. m of active gas. This is 5.5 billion cubic meters. m less than the same date in 2021.

Last winter, 51 billion cubic meters were lifted from Europe's underground storage facilities. m of gas – 107.8% of the volume that companies were able to pump in the summer of 2021.

Recall, Russia has to sell oil at greater discounts , the difference with the market price is almost a third .

Based on materials: ZN.ua

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