Russian gas giant Gazprom sent more natural gas to China than Europe in the first nine months of the year.
Europe had previously been Russia's biggest energy customer, but flows have cratered since the war in Ukraine began.
AdvertisementRussian gas flows to Europe are dwindling, but China is stepping in and is set to become Russia's biggest customer of pipeline gas this year.
Those flows surpass the 22.5 billion cubic meters of pipeline gas exported to Europe in the same period, putting China on track to overtake Europe as Russia's biggest natural gas customer in 2024.
Another link, Power of Siberia 2, is under discussion and would increase the country's gas flows to China to almost 100 billion cubic meters a year.
Persons:
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Organizations:
Gazprom, Service, Bloomberg
Locations:
China, Europe, Ukraine, Russia's, Moscow, Hungary, Slovakia, Austria, Russia, Siberia