INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Russia’s Gazprom sets new daily record for gas supplies to China

The logo of Russia's energy giant Gazprom is pictured at one of its petrol stations in Moscow. (AFP)
  • According to Gazprom, supplies are made under a bilateral long-term gas purchase and sale agreement between the oil company and China
  • The company added that since November it has ramped up the volume of gas supplies to China as per the previously signed additional agreement

Moscow, Russia–Gazprom has set a new record for daily gas supplies to China via the Power of Siberia pipeline on December 16, the company said in a statement.

“On December 16, China’s application for the supply of Russian gas through the Power of Siberia gas pipeline once again exceeded the daily contractual obligations. Gazprom delivered all the requested volumes and set a new historical record for daily gas supplies to China,” the statement said.

Supplies are made under a bilateral long-term gas purchase and sale agreement between Gazprom and CNPC, the company added.

Earlier, Gazprom noted that since mid-November it has significantly increased the volume of gas supplies to China in accordance with the previously signed additional agreement.