https://sputnikglobe.com/20230125/russias-electricity-exports-to-china-mongolia-reach-all-time-high-in-2022-inter-rao-1106687710.html
Russia's Electricity Exports to China, Mongolia Reach All-Time High in 2022: Inter RAO
Russia's Electricity Exports to China, Mongolia Reach All-Time High in 2022: Inter RAO
Sputnik International
Russian state-owned energy company Inter RAO supplied a record amount of electricity to China and Mongolia in 2022, the company's head, Boris Kovalchuk, said on Wednesday.
2023-01-25T11:47+0000
2023-01-25T11:47+0000
2023-01-25T11:47+0000
russia
electricity supplies
electricity
energy shortage
western sanctions
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Inter RAO suspended supplies to Europe after sanctions against Moscow started preventing Western customers from paying for Russian energy. Russian Energy Minister Nikolay Shulginov said at the end of December that as of 2022, the export of energy from Russia to China and Mongolia increased by 15-20% and would likely increase by another 16% for China alone. Inter RAO provides electricity to China from the Amur Region under a long-term take-or-pay contract. In previous years, the exports amounted to 3 billion kWh per annum. In 2021, China asked for supplies to be increased due to power shortages. A total of 3.8 billion kWh worth $181.5 billion was exported in 2021. Inter RAO is the only operator of electricity exports and imports in Russia. The diversified energy holding company manages assets in Russia, as well as in Europe and the Commonwealth of Independent States.
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electricity supply, power outage, russian turn to the east, russian cooperation with asia
electricity supply, power outage, russian turn to the east, russian cooperation with asia
Russia's Electricity Exports to China, Mongolia Reach All-Time High in 2022: Inter RAO
MOSCOW (Sputnik) - Russian state-owned energy company Inter RAO supplied a record amount of electricity to China and Mongolia in 2022, the company's head, Boris Kovalchuk, said on Wednesday.
"Since June 2022, we have completely halted commercial deliveries to European Union countries. At the same time, we significantly increased exports to China and Mongolia. Volume of kilowatt-hours sold in these directions is set to reach an all-time record once 2022 results are finalized," Kovalchuk said at a meeting with Russian Prime Minister Mikhail Mishustin.
Inter RAO suspended supplies to Europe after sanctions against Moscow started preventing Western customers from
paying for Russian energy.
Russian Energy Minister Nikolay Shulginov said at the end of December that as of 2022, the export of energy from Russia to China and Mongolia increased by 15-20% and would likely increase by another 16% for China alone.
Inter RAO provides electricity to China from the Amur Region under a long-term take-or-pay contract. In previous years, the exports amounted to 3 billion kWh per annum. In 2021, China asked for supplies to be increased due to
power shortages. A total of 3.8 billion kWh worth $181.5 billion was exported in 2021.
Inter RAO is the only operator of electricity exports and imports in Russia. The diversified energy holding company manages assets in Russia, as well as in Europe and the Commonwealth of Independent States.
