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The biggest buyers become Russian oil
- Categories:Industry News
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- Time of issue:2020-03-31 14:57
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The biggest buyers become Russian oil
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2020-03-31 14:57
- Views:
Last year China overtook Germany to become the biggest buyer of Russian oil, as the largest supplier of crude oil imports, Saudi Arabia.
In recent years, comprehensive energy partnership between China and Russia. Between China and the east gas pipeline segment in China in June last year, is expected by the end of 2018 officially gas supply. East gas pipeline ventilation for China, China and Russia, the highest annual 38 billion cubic metres of gas imports resources can greatly alleviate the eastern region of China's energy hunger.
In addition to encouraging energy trade, oil and gas cooperation between China and Russia in upstream exploration, the downstream refining and processing areas continue to expand. Russia is actively attract investment by Chinese enterprises, to form the complete structure of energy cooperation. The upstream side, the depth of the yamal liquefied natural gas (LNG) project is progressing. Yamal project energy base has proven reserves of natural gas exceed 900 billion cubic meters, is expected in 2019 after full production capacity of 16.5 million tons of liquefied natural gas (LNG). Downstream areas, tianjin petrochemical project is a joint venture between China and Russia are expected to be completed and put into operation run more than 2020 years ago. The future Russia will by sea to tianjin refinery supply of crude oil 9.1 million tons a year.
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