Russia supplied 107 million oil to China in 2023; this is 24% more than in 2022. writes about this TASS With reference to statistics of the General Administration of Customs of China.
The price of Russia’s fuel supplies reached $60.6 billion last year (+3.5% on an annual basis).
At the end of last year, Russia remained the largest oil exporter to China. Saudi Arabia was second (86 million tons) and Iraq was third (59 million tons).
Deputy Prime Minister of the Russian Federation Alexander Novak on the TV channel “Russia 24” on December 27 statedChina is one of Russia’s main partners in the supply of oil and oil products: its share in Russian exports has increased to approximately 45-50%.
First Deputy Prime Minister Andrei Belousov at the 21st National Projects Council meeting reportedHe said that Russia increased its crude oil exports by 7% to 250 million tons in 2023 compared to 2021, despite the sanctions imposed on the country and efforts to limit the purchase of Russian energy resources. Belousov emphasized that in monetary terms, Russia’s energy exports have almost reached 2021 levels and remain at a comfortable level for the budget and companies. At the same time, according to Belousov, the volume of exports to unfriendly countries decreased by 3.5 times, and to the European Union by 4.5 times.
Previously “socialbites.ca” saidWhat will happen to oil prices next week?