Skip to main content

China Plans to Increase Long-Term Oil Supplies from Russia

Russian Deputy Prime Minister Alexander Novak stated that China is keen to expand its long-term oil supply and volume from Russia. He also highlighted a 10 percent increase in Russian oil supplies over the past four months.

From January to April, China’s oil imports from Russia rose 25 percent year-on-year, reaching 40.83 million tons. These figures indicate a strengthening energy partnership between China and Russia.