Rosneft chief: Russia’s oil shipments to China increased by 9.5 percent

The president of the Russian oil company Rosneft, Igor Seçin, reported that Russia’s oil shipments to China increased by 9.5 percent in the 10 months of the year compared to the same period of the previous year, reaching 72 million tons. .

Select the “4. He spoke at the Russia-China Energy Trade Forum.

Noting that Rosneft is China’s top oil supplier, Seçin said that Rosneft supplies 7 percent of China’s total oil demand.

ELECTRICITY DELIVERIES TO CHINA INCREASES 33 PERCENT

Stating that Russia’s electricity shipments to China increased by 33 percent in the 10 months of the year compared to the same period of the previous year, Seçin said: “This year, Inter RAO’s shipments to China reached 4 thousand million kilowatt-hours in the January-October period due to extreme heat and power outages,” he said.

Noting that their oil shipments to China have also increased, Seçin said, “Russia’s oil shipments to China increased by 9.5 percent in the 10 months of the year compared with the same period of the previous year, reaching 72 million tons. This is just below Saudi Arabia’s shipments of 73.8 million tons to China.” he said.

100 BILLION CUBIC METERS OF GAS SHIPPING ANNUALLY

Emphasizing that Russia’s natural gas shipments to China will increase through pipelines, Seçin said, “Gas shipments from Russia to China through pipelines will reach 100 billion cubic meters per year in the near future. Our liquefied natural gas (LNG) supply to China has remained at relatively small volumes, but in the future our LNG supply may compete with our pipeline supply.” he used his statements.

In Seçin’s presentation at the forum, it was also shared that Russia will send 15 billion cubic meters of natural gas to China through the Power of Siberia pipeline this year. (AA)