China
National Petroleum Corporation (CNPC) has announced that imports of
natural gas wil increase from the current 53 billion cubic meters per
year (mcm/y) to as high as 190-270 mcm/y.
"Despite
the fact the Chinese economy has entered a new stage, and there has
been growth slowdown, the demand for gas will increase,” RIA
Novosti has quoted CNPC International Department Director-General Li
Yueqiang as saying.
“This
corresponds to the concept of green development of the Chinese
economy and the reduction of pollutant emissions.”
According to
the CNPC official, China used 200 billion cubic meters of gas in
2015, of which a quarter was imported.
Russia will
be one of the main providers of the natural gas increasingly needed
by China.
The
countries are already building the Power of Siberia pipeline, or the
so-called eastern route, which will deliver 38 billion cubic meters
of Russian gas to China annually, RT.com reported.
China and
Russia have started construction of the pipeline, and building in the
border area was expected to start this June.
Moscow and
Beijing have also been talking about building another pipeline, the
Power of Siberia-2, or the western route to deliver an additional 30
billion cubic meters of gas to China annually.
Even though
the pipeline hasn’t been officially launched, Gazprom is already
preparing the infrastructure, , RT.com has quoted a report by
Vedomosti daily as saying in July.
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