• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12768.26
    • RUB162.63
    • EUR14400.04
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +23°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World Turkmenistan

    Turkmenistan gas exports to China surpass Russia's

    Turkmenistan gas exports to China surpass Russia's

    In a dynamic tug-of-war for dominance in the lucrative Chinese natural gas market, both Russia's Gazprom and Turkmenistan have emerged as key players, each vying for a larger slice of the pie. Reports indicate a fascinating juxtaposition: while Gazprom boasts higher volumes of gas supplied to China, Turkmenistan still holds the crown in terms of export earnings, Eurasianet informs.

    Photo: Russia’s Power of Siberia pipeline is projected to start delivering up to 38 bcm of natural gas to China by 2025
    Source: gov.ru

    Earlier Daryo reported that Ashgabat raked in an impressive $2.4 bn in income from gas exports to China during the first quarter of this year. Russia earned $2 bn from its gas sales to Beijing over the same period.

    The disparity in earnings can be attributed to China's savvy negotiation tactics, which have allowed it to secure Russian gas at significantly discounted prices. The Kremlin's urgent need for liquidity, amidst efforts to sustain its military campaign in Ukraine, has left Russia in a weakened bargaining position vis-à-vis Beijing.

    Despite this, Gazprom maintains an edge in export volume, albeit contingent on the continuation of favorable pricing arrangements. Reports from independent outlets, such as The Chronicle of Turkmenistan, highlight the projected capacity of Russia's Power of Siberia gas pipeline to China, expected to reach 38 bn cubic meters (bcm) by 2025. Meanwhile, Turkmenistan boasts a collective pipeline capacity of 55 bcm, bolstering its position as a formidable competitor in the Chinese market.

    Turkmenistan's state-affiliated media outlets have seized upon this opportunity to cast doubt on the credibility of Russia's exports. Reports emphasizing Ashgabat's gas earnings from China have conspicuously omitted mention of Russia's contributions. Instead, focus has been redirected to other key suppliers, including Australia, Qatar, and Malaysia, primarily through liquefied natural gas transactions.

    In a strategic move to consolidate its position, Turkmengaz's head, Maksat Babayev, has unveiled ambitious plans to develop Galkynysh, touted as the "world's largest gas field." The first stage of development already ensures a steady export of 30 bcm of gas per year to China, with plans for a second stage to add another 25 bcm annually. Additionally, a third phase of development aims to supply the long-anticipated Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project, with a projected capacity of 33 bcm.

    Follow Daryo's official  Instagram  and  Twitter  pages to keep current on world news.

     
    06.05.2024, 19:58   Comments (0)   1911
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Turkmenistan extinguishes Darvaza gas crater after more than 50 years of burning

    22.04.2024, 17:00

    Turkmenistan remains largest supplier of pipeline gas to China

    22.04.2024, 17:41

    International forum on Turkmenistan's gas export prospects opens in Paris

    24.04.2024, 14:06

    Uzbekistan and Italy plan joint fashion and design center

    06.05.2024, 18:55

    Dmitry Medvedev threatens nuclear strikes for countries sending troops to Ukraine 

    06.05.2024, 18:00

    UN condemns Israeli ban on Al Jazeera, citing threat to press freedom 

    06.05.2024, 13:00
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Kazakhstan weighs China’s $5.47bn nuclear offer over Russia’s costlier bid

    Kazakhstan | 31 May, 15:45

    “Uzbekistan could have gone to war with neighboring countries" – says Abdulaziz Kamilov

    Uzbekistan | 31 May, 12:06

    President of Uzbekistan proposes “Central Asia–Italy” business club to boost cooperation

    Uzbekistan | 31 May, 10:01

    Kyrgyzstan open to global cooperation in fintech and digital economy, says PM Kasymaliev

    Kyrgyzstan | 30 May, 17:39

    Tashkent ranks among Central Asia’s top 3 cities in Global Cities Index 2025

    Uzbekistan | 30 May, 15:07

    Uzbeks migrating to Khanty-Mansi region are returning to their ancestral lands, says Russian MP

    Uzbekistan | 30 May, 14:00

    Kazakhstan and Italy explore investment fund to advance agro-industrial complex

    Kazakhstan | 30 May, 13:05

    Uzbekistan, Pakistan explore joint textile production as Yunus Textile Mills eyes investment opportunities

    Uzbekistan | 30 May, 12:00
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.