China is main supplier of energy products from Russia-Putin
2022.12.30 06:04
China is main supplier of energy products from Russia-Putin
Budrigannews.com – With 13.8 billion cubic meters of gas shipped to China through the Power of Siberia pipeline in the first 11 months of 2022, Russian President Vladimir Putin stated on Friday that Russia had become one of China’s leading suppliers of oil and gas.
Putin made the following remarks at the beginning of a video conference with Chinese President Xi Jinping: Russia has risen to the top of the list for oil exports to China this year, according to the findings.”
Last month, Russia overtook Saudi Arabia as China’s primary crude supplier.
Putin said that Russia supplied pipeline gas to China in second place and liquefied natural gas to China in fourth place. He stated that shipments had exceeded daily contractual obligations by 18% in December.
Since Moscow sent its armed forces into Ukraine on February 24, Western nations imposed unprecedented sanctions on Russia. As a result, Russian energy exports to China have significantly increased.
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On November 29, Deputy Prime Minister Alexander Novak stated that Russia’s energy exports to China had increased in volume and value by 10% and 64%, respectively, this year.
