# Russia-China Power of Siberia gas pipeline on track for Dec startup: PetroChina

> PetroChina says the Power of Siberia gas pipeline from Russia to China is on track to begin gas supply by December 2019. The pipeline is expected eventually to carry 38 Bcm per year.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/60263-russia-china-power-of-siberia-gas-pipeline-on-track-for-dec-startup-petrochina
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Additional pipeline gas supply to China gradually eases its import demand for LNG, a modestly bearish factor for global gas prices over time with no near-term feed impact.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2016-11-30 | [OPEC Deal Is Bad News for U.S. Gas and Good News for LNG - Bloomberg](https://feedsoft.ai/events/74028-opec-deal-is-bad-news-for-u-s-gas-and-good-news-for-lng-bloomberg.md) | +16.7% | +17.9% |
| NATGAS | 2025-04-29 | [Pound Sterling at Risk of 'Dovish' Bank of England Decision](https://feedsoft.ai/events/25380-pound-sterling-at-risk-of-dovish-bank-of-england-decision.md) | +11.1% | +7.6% |
| NATGAS | 2019-09-13 | [IHS Markit: US natural gas price will fall to levels not seen since 1970s \| World Pipelines](https://feedsoft.ai/events/57254-ihs-markit-us-natural-gas-price-will-fall-to-levels-not-seen-since-1970s-world.md) | -0.1% | -13.8% |
| NATGAS | 2020-05-07 | [As demand for fuel falls, gas prices and output also take a hit \| Coronavirus pandemic \| Al Jazeera](https://feedsoft.ai/events/10440-as-demand-for-fuel-falls-gas-prices-and-output-also-take-a-hit-coronavirus.md) | -17.4% | -9.0% |
| NATGAS | 2018-04-23 | [A Changing Global Gas Order 2.0 - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/65696-a-changing-global-gas-order-2-0-center-on-global-energy-policy-at-columbia.md) | +1.3% | +1.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/032219-russia-china-power-of-siberia-gas-pipeline-on-track-for-dec-startup-petrochina

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.