Russia will seek to increase gas supplies to Central Asian countries to 10-15 BCM annually in near future. In particular, the Central Asia-Center gas pipeline capacity upgrade project is underway to increase gas supplies to Kazakhstan and Uzbekistan in reverse mode, which could provide supplies of 10-12 BCM, and in the future - up to 15 BCM per year, the TASS reported.
Russia also plans to increase gas exports to China. In 2025, the volumes delivered via the Power of Siberia gas pipeline is expected to surpass the design capacity of 38 BCM through additional agreements with China. In 2027, a new Far Eastern pipeline will be launched, which will increase the volume of supplies to China to 48 BCM.
In addition, two new routes for gas to China are on the table: the 50 BCM capacity Power of Siberia 2 gas pipeline through Mongolia and a 45 BCM capacity pipeline through Kazakhstan, of which 35 billion will be directed to China and 10 billion for the gasification of Kazakhstan.
Experts note that the Power of Siberia 2 project may be more profitable, as it will allow gasification of Siberian cities and provide gas to Chinese megacities. However, FS, including construction costs and an agreed price formula, will remain a key factor.
The Iran-Pakistan-India gas pipeline project, which has been discussed since 1996, may also become relevant in the new geopolitical conditions. Although Gazprom refused to participate in the project in 2021 due to high costs, negotiations on gas transit through Iran are currently at an early stage.
