Deliveries to countries outside of the former Soviet Union have dropped by 26.9%, the energy giant says
Russian gas supplies to China have increased by almost 60% in the first four months of 2022 compared to the same period last year, Russian energy giant Gazprom announced on Sunday.
The deliveries are made through the Power of Siberia pipeline as part of the contract between Gazprom and China National Petroleum Corporation (CNPC), the company said.
When Russia launched its military operation against Ukraine in late February, Beijing refused to condemn Moscow or take part in the international sanctions, despite threats from Washington.
The energy standoff between Russia and the West has led to gas supplies to countries outside the former Soviet Union dropping by 26.9% since the start of the year. A total of 50.1 billion cubic meters have been delivered over the past four months.
Read more
Russian President Vladimir Putin ordered gas payments from “unfriendly countries,” which include the EU, to be made in rubles from March 31.
The measure was adopted after harsh sanctions were placed on Moscow amid the conflict in Ukraine.
The EU initially rejected Moscow’s new rules, calling them “blackmail,” but the European Commission recently said there could be ways to pay for Russian gas in rubles without violating the sanctions.
Some counties, however, have still refused to switch to rubles, causing Gazprom to cut off gas supplies to Poland and Bulgaria in late April.
RT (Russia Today) is a state-owned news organization funded by the Russian government. The information provided by this news source is being included by the Libertarian Hub not as an endorsement of the Russian government, but rather because it is being actively censored by Big Tech, Western governments and the corporate press. During times of conflict it is imperative that we have access to both sides of the story so we can form our own opinions, even if both sides are spewing their own propaganda. The censorship of RT, despite likely being a propaganda outfit for the Russian government, reduces our ability to hear one side of the conflict. For that reason, the Libertarian Hub will temporarily republish the RSS feed from RT. Visit https://rt.com