Russia: gas exports fell in 2022


Gas exports from the Russian giant Gazprom, outside the countries of the former Soviet bloc, fell by 45.5% last year.





SourceAFP


Russia has seen a drastic drop in its gas exports. (Illustrative photo).
© MAXIM SHIPENKOV / EPA / EFE

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LGazprom’s gas exports, excluding countries of the former Soviet bloc, fell by 45.5% in 2022, according to results announced on Monday, after a year marked by a sharp drop in Russian hydrocarbon deliveries to the Europe in the wake of Western sanctions against the offensive in Ukraine. In a statement, Gazprom CEO Alexei Miller said the group exported 100.9 billion cubic meters of gas in 2022 to countries “far abroad”, a term that does not include ex-republics. Soviets. In 2021, Gazprom had exported 185.1 billion cubic meters to these same countries.

After the economic sanctions taken by the West against Russia, in reaction to its military intervention in Ukraine, Moscow sharply reduced its hydrocarbon exports to the EU.

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In early December, the European Union, G7 countries and Australia also agreed to cap the price of Russian oil exports at $60 a barrel, hoping to deprive Moscow of revenue. important. In response, Russia announced that it would ban from 1er February the sale of its oil to foreign countries that use its oil cap.

Russia speeds up deliveries to China

To compensate for the losses, Moscow is trying to increase its gas deliveries to the energy-intensive Chinese economy, and has accelerated this movement. At the end of December, Vladimir Putin launched the exploitation of a vast deposit located in Siberia which should make it possible to increase exports to China. Russia is also planning the construction of the Siberian Force 2 gas pipeline from 2024 to supply Beijing via Mongolia.

On Monday, the CEO of Gazprom thus noted that “the prospects for an increase in gas consumption in the world are linked mainly to Asia, and, first and foremost, to China”. Alexei Miller said that in 2022 deliveries to Beijing had exceeded, “at the request of China”, the quantities provided for in the contracts.

In addition to the Siberian Force 1 gas pipeline, Gazprom plans to increase deliveries from the Far East and via the future Siberian Force 2 gas pipeline. cubic meters” of Russian gas to China.




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