Shipments to non-CIS nations have fallen by more than 40%, while exports to China are increasing, according to Gazprom
Russian energy giant Gazprom’s natural gas supply to countries outside the Commonwealth of Independent States, a category that includes most of the EU, decreased by 42.6% in January-October versus the same period of last year, the company announced on Tuesday.
According to the report, exports amounted to 91.2 billion cubic meters (bcm) of gas, which is 67.6 bcm less than in the first ten months of 2021.
“Gazprom supplies gas according to confirmed applications,” the company wrote in a Telegram post.
Last year, the company increased gas exports to non-CIS countries by 5.8 billion cubic meters, up to 185.1 bcm.
Meanwhile, exports to China via the Power of Siberia gas pipeline have continued to grow under the Russian company’s long-term bilateral contract. According to Gazprom, deliveries via the mega gas pipeline regularly exceed daily contractual obligations.
Gazprom started pumping gas to China via the 3,000km (1,864-mile) pipeline in 2019. Also known as the Eastern Route, the Power of Siberia’s capacity is 61 billion cubic meters of gas per year, including 38 billion cubic meters for export. Moscow and Beijing are currently planning another major gas route through Mongolia called Soyuz Vostok. Gazprom is finalizing construction details for the project.
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Nvidia would be barred from shipping advanced artificial intelligence chips to China under bipartisan legislation unveiled Thursday, Bloomberg reported. A Chinese expert said the move is shortsighted, noting that tightening restrictions despite domestic industry opposition will only accelerate China’s tech innovation and further diminish Nvidia’s chances of reentering the Chinese market.
Known as the Secure and Feasible Exports Act, the bill would order the US Commerce Department to halt export licenses for sales of chips to adversaries, including China and Russia for at least 30 months. Any processors more powerful than those already approved for export to those nations would be subject to the measure, the Bloomberg report said.
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Hundreds of retired Israeli police officers have urged the regime’s president, Isaac Herzog, to reject Benjamin Netanyahu’s request for a pardon in corruption cases.
On November 30, Netanyahu, who faces charges of bribery, fraud, and breach of public trust in three separate cases, submitted a formal pardon request to the office of Herzog, claiming the long-running corruption cases were tearing the regime apart.
In a letter to Herzog, about 400 former officers, including ex-commissioners and deputy commissioners, said Netanyahu’s request contains “not even a hint of admission of guilt,” making it unacceptable.
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