Last month, China continued to buy Russian energy, including a record amount of crude oil, increasing purchases to $ 7.47 billion, about $ 1 billion more than in April, and twice as much as a year ago,
KYIV.UkraineGate , 20 , June , 2022 | Society.
Details
According to customs data released on Monday, crude oil imports rose 55% year-on-year to 8.42 million tonnes, ahead of Saudi Arabia as China’s main source of oil. Russia’s liquefied natural gas sales rose 54 percent to 397,000 tons, despite a 28 percent drop in total LNG purchases in China.
The volume of gas does not include imports through pipelines, which have not been registered by customs since the beginning of the year, but are the main method of transporting fuel from Russia to China.
The increase in supplies was due to the fact that the war in Ukraine lasted for the fourth month, and other buyers continued to avoid Russian oil, gas and coal, the newspaper said. Demand in China has also begun to show some improvement as the restrictions imposed by the coronavirus have been eased, simplifying logistics issues and restoring industrial production.
China’s total imports from Russia accelerated in May, rising by 80% year-on-year to $ 10.27 billion, as Beijing continues to offer support to the isolated government in Moscow.
Addition
Earlier, China increased imports of Russian ESPO oil from the Far East.
Source: Ukrgate
