Russia’s oil shipments to China up 25 percent this year

Igor Sechin, president of Russia’s largest oil company Rosneft, said Russia’s oil shipments to China have exceeded 75 million tons since the beginning of 2023, an increase of 25 percent compared to the same period of the year. past.

Seçin spoke at an event held in Beijing, capital of China.

Seçin affirmed that Russia is safely supplying oil to China in the context of developments in the Middle East and said: “The oil is being shipped through the East Siberia-Pacific Ocean pipeline. “This appears to be a much more reliable route compared to tanker transport through the Strait of Hormuz or the Suez Canal due to the increasing geopolitical instability in the Middle East,” she said.

RUSSIA IS THE COUNTRY THAT SENDS THE MOST OIL TO CHINA

Noting that Russia’s oil shipments to China continue to increase, Seçin said: “More than 75 million tons of Russian oil were shipped to China this year, which is 25 percent more than last year.” he said.

Seçin stressed that Russia has become the country that sent the most oil to China, ahead of Saudi Arabia, as of the eighth month of this year.

Russia’s oil shipments to China increased by 28 percent in 2022 compared to the previous year, reaching 89 million tons. (AA)