MOSCOW (Pakistan Point News / Sputnik - 26th February, 2019) Russia's energy giant Gazprom intends to account for more than 25 percent of China's gas imports by 2035 amid growing demand for gas in the country, according to the company's presentation.
"By 2035, demand for gas in China will more than double. The unclear future of the exploitation of unconventional gas reserves creates huge potential for additional gas imports," the presentation said.
Gazprom's share in China's overall gas consumption will reach 13 percent by the same year, the presentation showed.
The company's gas supplies to China via the Power of Siberia pipeline are expected to reach their projected capacity of 38 billion cubic meters (1.34 trillion cubic feet) per year by 2025.
�In 2014, Gazprom signed a 30-year framework agreement with China National Petroleum Corporation for the deliveries of Russian gas through the Power of Siberia.
