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Home Latest News

Russia tightens oil grip as top crude supplier to China

byCT Report
27/03/2018
in Latest News
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MOSCOW: Russia has shipped over five million tons of crude oil or 1.32 million barrels per day (bpd) to China in one month. Statistics show it is the largest crude oil supplier to China for the past two years on an annual basis.

Exports of Russian oil to China have more than doubled over the past six years, up by more than 550,000 barrels per day

In 2011, Russia began supplying China with crude through the  pipeline.  China National Petroleum Corporation’s (CNPC) signing agreements.

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