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Russia to supply China with 3bln kilowatt-hours of electricity in 2016

byCT Report
12/03/2016
in Latest News
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MOSCOW: On Friday, Russian Energy Minister Alexander Novak held a meeting with China’s National Energy Administration head, Nur Bekri, in Beijing. According to the statement, the sides briefly summed up the results of bilateral energy cooperation in 2015.

“In particular, the supply of crude oil from Russia to China [in 2015] increased by 17.5 percent compared to the same period of 2014. In total, 26.68 metric tons of oil were delivered to China in 2015… The electricity export target [to China] amounts to 3 billion kilowatt-hours in 2016 (3,299 billion kilowatt-hours were delivered in 2015),” the ministry’s statement reads.

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According to the ministry, Russian supplies of high-quality coal to China decreased by 39 percent in 2015 relative to 2014, dropping to 16.4 million metric tons.

During the meeting, the officials also discussed opportunities for expanding bilateral energy cooperation and the implementation of joint infrastructure projects.

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