Approximate level of year-end oil exports from Russia to China announced

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Russian Energy Minister Nikolai Shulginov estimates that oil exports from Russia to China will increase by 15 percent and exceed 100 million tons by the end of this year. This has been reported RIA News.

“Exports to China are increasing; We expect it to be just over 100 million tons by the end of the year. This is an increase of about 15 percent compared to last year’s figure,” the Russian minister added.

Shulginov has not yet made any other predictions about the status of oil exports from the Russian Federation.

Before that, businessman Maxim Kanishchev saidHow will the revision in the oil price ceiling be perceived? The expert also emphasized that there is no need to wait for a revision in the oil price ceiling.

Additionally, Hungarian Minister of Foreign Affairs and Foreign Economic Relations Peter Szijjártó said that Hungary’s adhere to There is no alternative to oil and gas coming from the Russian Federation. The diplomat called accusations from other European countries that Hungary adheres to pro-Russian positions as unfair.

Previously recognizedWhen oil prices fall to $50 per barrel.

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