Moscow, ANI. The gas distribution crisis remains amid the war between Russia and Ukraine. Russian gas delivery to Europe could be redirected entirely to the Asia-Pacific region where gas demand is growing. Also it will require urgent infrastructure modernization. This has been said by Ivan Timonin, an energy expert of the Russian company Viagen Consulting.

Timonin told news agency Sputinak that Russian exports could now go to Europe, potentially being diverted entirely to the Asia-Pacific region. However, this requires the active development of export infrastructure, the construction of new gas pipelines and liquefied natural gas (LNG) plants, which are time consuming as well.

Asian countries will account for half of natural gas demand by 2025

The expert said Russia’s campaign to redirect gas flows to Asia stemmed not only from Europe’s quest to stop buying Russian energy, and especially oil products, but also market-driven. Current conditions suggest that Asian countries will account for half of natural gas demand by 2025, with consumption increasing by 160 billion cubic meters. It will mainly be consumed in China and India.

Russia should develop new projects

He also said that it took five years to build the power of the Siberia pipeline that supplies gas to China and the same time is needed to build large-scale gas liquefaction plants. Timonin further said that gas exports should be equalized. Russia should already begin to develop new projects and make investment decisions in order to keep at the level.

The supply through the Power of Siberia pipeline started at the end of 2019 and amounts to 4.1 billion cubic meters in 2020. There are plans to increase the supply volume until the design annual capacity of 38 billion cubic meters is reached by 2025. Taking into account the new February agreement, the total supply capacity on the Far Eastern route to China could be 48 billion cubic meters per year.

Edited By: Dhyanendra Singh Chauhan