Russian plans to increase natural gas exports to China by almost 50 percent this year, Deputy Prime Minister Alexander Novak has said. Russia's Gazprom sends gas to China via the Power of Siberia pipeline under a 30-year contract worth a total of $400 billion. The pipeline was launched in 2019, and last year saw 15.5 billion cu m of gas flow through it. This should increase this year to 22 billion cu m and gradually reach its full capacity of 38 billion cu m in 2027. "Last year's gas supplies were at 15 billion cubic meters.…
