In 2023, Uzbekistan almost halved gas supplies to China
In 2023, Uzbekistan almost halved gas supplies to China
In 2023, Uzbekistan supplied natural gas to China for $563.54 million, which is almost half the volume for 2022 - $1.07 billion, the “Newspaper.uz" reported referring to the data of the General Customs Administration of the People's Republic of China. The physical volume of deliveries is not given.
Turkmenistan remains the leader in gas supplies to China, having shipped $9.6 billion worth of hydrocarbons in 2023. Russia ranks the second - $6.43 billion; Myanmar ranks the third ($1.46 billion), and Kazakhstan – the fourth ($1.32 billion).
In recent years, Uzbekistan has seriously reduced sales of natural gas abroad due to the growing demand in the domestic market. In 2020, exports to Russia completely stopped and the volume of supplies to China tripled. Uzbekistan is now increasing its gas imports. In particular, in June 2023, the country signed a two-year contract with “Gazprom” for the supply of 2.8 bcm of gas per year - 9 mcm per day. The import of Russian gas to Uzbekistan via Kazakhstan started on October 7.
Energy
-
The Kremlin has declined to predict the developments surrounding a possible deal between European companies and Azerbaijan for gas exports through Ukraine’s gas transportation system, noting Ukraine's refusal to extend its transit contract with Russia.
-
The Saudi company ACWA Power has allocated $238 million for the construction of the "Khızı-Abşeron" wind power plant (WPP) with a capacity of 240 MW near Baku. According to the Middle Eastern publication “Gulf Business,” the power plant is expected to be fully operational in the first half of 2026.
-
A gas trading center as part of the international gas hub project will be opened in Istanbul in 2025, said Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in an interview with the “Milliyet” newspaper. "In 2025, we will create a robust infrastructure that, in partnership with “Botas” and “Gazprom”, will manage a trading platform in the Istanbul Financial Center.
-
From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG).
Leave a review