Russia Turns to China to Advance LNG Exports

Russia aims to deepen its cooperation with China in the supply of liquefied natural gas (LNG), according to Deputy Prime Minister Alexander Novak.

Novak stated that expanding LNG collaboration with China will not only support export growth but also contribute to the gasification of Russian regions, The Caspian Post reports, citing TASS.

"The first Power of Siberia project, which has already reached its design capacity of 38 bln cubic meters of gas this year, connected our countries with gas pipeline infrastructure. The Far Eastern project with a capacity of 10 bln cubic meters of gas is also being implemented. Therefore, our pipeline infrastructure for the development of our energy relations with the People's Republic of China will amount to around 100 bln cubic meters of gas," he said in an interview with the Rossiya-24 TV channel on the sidelines of the Eastern Economic Forum (EEF).

"But I would like to note that we are also developing joint projects with China on liquefaction and supply of natural gas to the People's Republic of China, this is a separate track, a separate direction, and here we are also developing this direction with our partners," Novak said, adding that it will enable Russia to ensure not only export energy supplies, but also the development of the country’s gasification.

The 10th Eastern Economic Forum is taking place in Vladivostok from September 3 to 6 under the theme "The Far East: Cooperation for Peace and Prosperity." The business program features more than 100 thematic sessions divided into seven tracks. The forum has brought together over 4,500 participants from more than 70 countries and territories. The Roscongress Foundation is the organizer of the EEF, with TASS as its general information partner.