Russia increases fuel shipments to China
(MENAFN) According to a report released on Sunday by China's General Administration of Customs, Russian oil and gas exports to China increased significantly between January and October of this year in comparison to the same period last year.
Its records show that deliveries of liquefied natural gas (LNG) increased by 32 percent annually to 4.98 million tons. The rise was 157 percent in dollars and topped by USD5.3 billion. China currently receives its LNG from Russia in fourth place, behind Malaysia, Australia, and Qatar. According to data, China increased its imports of the fuel from Qatar during the first ten months of the year, but shipments from Australia and Malaysia have decreased.
The value of pipeline gas flows from Russia in January–October this year increased by 182 percent compared to the same period last year, reaching USD3.1 billion. However, the customs office does not presently record the physical amount of China's pipeline gas imports. As a result, Russia overtakes Turkmenistan (USD8.23 billion) as the region's second-largest pipeline gas provider to Asia.
Its records show that deliveries of liquefied natural gas (LNG) increased by 32 percent annually to 4.98 million tons. The rise was 157 percent in dollars and topped by USD5.3 billion. China currently receives its LNG from Russia in fourth place, behind Malaysia, Australia, and Qatar. According to data, China increased its imports of the fuel from Qatar during the first ten months of the year, but shipments from Australia and Malaysia have decreased.
The value of pipeline gas flows from Russia in January–October this year increased by 182 percent compared to the same period last year, reaching USD3.1 billion. However, the customs office does not presently record the physical amount of China's pipeline gas imports. As a result, Russia overtakes Turkmenistan (USD8.23 billion) as the region's second-largest pipeline gas provider to Asia.
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