Gazprom brings daily gas exports to China via Power of Siberia pipeline to maximum contractual level ahead of schedule
Background Gazprom’s main partner in China is CNPC, a state-owned oil and gas corporation. In May 2014, Gazprom and CNPC signed the 30-year Sales and Purchase Agreement for 38 billion cubic meters of gas per year to be supplied via the eastern route (Power of Siberia gas pipeline), which is the largest contract of this kind ever signed in the history of the global gas industry. The aggregate amount of gas…