Институт национальной энергетики

At the beginning of the 2010s it was popular to prophesy about the future leaving of Russia from the European gas market. At that time several factors met together: instability of demand to the EU, economic and power crises, the European reforms in the field of power.

The Russian side considers a new potential route of gas export through east Kazakhstan to China with power up to 35 billion cubic meters a year, the Deputy Prime Minister of the Russian Federation Alexander Novak reported at the forum “Sprouts: Russia and China — mutually beneficial cooperation».

There has been a lot of talk recently about the huge prospects of the gas market in the People’s Republic of China gas market and this is indeed the case. If in 2023 China consumed about 395 billion cubic meters of natural gas, in 2040 this indicator will increase to 600-670 billion cubic meters.

For the last two and a half years the European Union finally decided to refuse cars with internal combustion engines, to introduce restrictions on electric cars from China, and also confirmed the purpose to make and import by 2030 on 10 million tons of «renewable» hydrogen.

On September 20, a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dai Houlin, Chairman of the Board of Directors of CNPC (China) was held in Beijing (PRC). The parties considered questions of development of strategic cooperation on a wide range of the directions. A high level of trust and partnership […]