Logo

Rosneft secures additional supply of 2.5 million tons of oil to China via Kazakhstan, Ifx reports

Russia’s largest oil producer Rosneft has secured an additional deal on supply of 2.5 million metric tons of oil per year to China via Kazakhstan, Interfax news agency quoted Russian Energy Minister Sergei Tsivilev as saying on Thursday.

Russia has deepened trade and political ties with China following the rift with the West over the conflict in Ukraine. China and India have become largest buyers of Russian oil in the past several years.

Interfax reported in May, citing Russian Deputy Prime Minister Alexander Novak, that China had proposed Russia to boost oil transit via Kazakhstan by 2.5 million tons per year.

In 2024, the transit totalled 10.2 million tons, or around 204,000 barrels per day.
Source: Reuters



Source

Related News

US eyes on Venezuelan heavy crude: Refining flows ...

2 hours ago

Noble Corporation Plc Announces New Awards Totalin...

1 hour ago

Libya: TotalEnergies Signs the Extension of the Wa...

40 minutes ago

Baker Hughes Announces Fourth-Quarter and Full-Yea...

9 minutes ago

Libya signs 20-bln-USD oil agreement with French, ...

22 minutes ago