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Uzbekistan via the territory of Kazakhstan from three bln cubic meters per year planned earlier to eleven bln cubic meters annually from 2026. "Russian gas transit in the volume up to 3 bln cubic meters per year was launched last year with participation of the head of our state via the territory of our country to Uzbekistan," Energy Minister of Kazakhstan Almassadam Satkaliyev said at the ministry’s board meeting.
9.1.1c Gas sector news
The supplies of Russian pipeline gas to China in value terms amounted to $1.3bn in January-February, which is 13% higher than in the same period last year, the General Administration of Customs of China reported. Russia is the second-biggest supplier of pipeline gas to China in value terms after Turkmenistan ($1.6bn), followed by Myanmar ($245.9mn). No information has been provided on physical volumes of pipeline gas imported by China by the customs service since 2022. In 2023, Russian pipeline gas supplies to China climbed by 61.7% in value terms compared with 2022 to $6.4bn.
Gas transportation infrastructure is turning eastwards. New gas supply routes are being devised within the region. Cooperation efforts to rehabilitate and expand gas transportation infrastructure have been intensified. Investment projects are underway. In 2023, gas exports via the Power of Siberia pipeline experienced a 1.5-fold increase. LNG exports to China grew by 23% year-on-year, and LNG supplies to Turkey and India also witnessed significant increases. There is ongoing consideration regarding the potential establishment of gas hubs in Turkey and Iran. This shift represents a long-term trend of high importance to all Eurasian countries. It entails the implementation of investment projects aimed at reconstructing and constructing gas pipelines and developing gas distribution networks, gas storage facilities, LNG production facilities and regasification terminals, gas chemical facilities and other necessary infrastructure.
Member-nations of the European Union (EU) reduced gas consumption by 8% year on year amid the relatively warm weather in February 2024, the Gas Exporting Countries Forum (GECF) said in its report.
Imports of pipeline gas by the European Union gained 5% in February 2024. Deliveries of Russian pipeline gas surged by 25% in January - February of this year.
"In February 2024, following a double-digit growth in January, EU gas demand experienced a significant decline of 8%, primarily driven by warmer-than-usual winter, which reduced heating requirements in the residential sector. Additionally, there was a noticeable stagnation in gas consumption within the industrial sector, which occurred despite a downward trend in gas prices. Moreover, high wind and hydroelectric power output significantly influenced the
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