Yakut oil and gas fields will now be connected to "Power of Siberia," extending its reach.
The Power of Siberia pipeline, currently operational since late 2019, is poised for potential expansion with the inclusion of resources from two additional gas fields in Eastern Siberia – Tas-Yuryakhskoye and Verkhneviluchanskoye.
These fields, located in Yakutia, are expected to contribute 10.72 billion cubic meters of gas annually to the pipeline, according to recent reports. The Power of Siberia pipeline, with a planned capacity of 38 billion cubic meters, is currently being fed by the gas from Chayanda and Kovykta fields.
The Power of Siberia pipeline, a crucial part of Russia's gas export infrastructure to China, has seen significant growth since its inception. By 2023, more than 22 billion cubic meters of gas were delivered, with 2025 expected to see an over 20% increase in gas exports, aiming to maximize the pipeline’s design capacity.
However, the precise impact of Tas-Yuryakhskoye and Verkhneviluchanskoye on the pipeline's capacity and future production forecasts is not fully disclosed in the search results. The pipeline itself is currently operating near its original design capacity of 38 billion cubic meters per year.
The expansion project, Power of Siberia 2, is planned with a capacity of 50 billion cubic meters per year, which would further augment Russia-China gas export infrastructure. This expansion project, however, is a distinct project separate from the original Power of Siberia pipeline.
China's natural gas demand is projected to increase, with efforts to boost both imports (including via Power of Siberia) and domestic production through substantial investments. The current pipeline is operating at full capacity, creating pressure for enhanced production and expanded delivery routes.
The Chonskaya project, located 80 km from the Eastern Siberia - Pacific Ocean oil pipeline, on the border of the Irkutsk region and the Republic of Sakha (Yakutia), includes three licensed subsoil areas: Ignaylinskoe, Tympuchikanskoe, and Vakunaiskoe. However, Tympuchikanskoye and Vakunaiskoe are not mentioned as contributing additional gas to the Power of Siberia pipeline in the available data.
As more detailed field-level production or contribution data becomes available, it would provide a clearer assessment of their impact on supply capacity and production outlooks for the Power of Siberia pipeline.
- The addition of resources from Tas-Yuryakhskoye and Verkhneviluchanskoye gas fields in Eastern Siberia will likely boost the annual gas supply to the Power of Siberia pipeline, which is already nearing its design capacity.
- With the planned expansion of the Power of Siberia pipeline to 50 billion cubic meters per year with the Power of Siberia 2 project, the oil-and-gas industry and finance sector have a potential opportunity for further growth in energy exports to China.
- The contributions from fields such as Chayanda and Kovykta, and the potential additions from Tas-Yuryakhskoye and Verkhneviluchanskoye, are part of Russia's larger business strategy to capitalize on China's increasing natural gas demand through the energy sector.
