How is China supporting Russia after it was sanctioned for Ukraine war?

How is China supporting Russia after it was sanctioned for Ukraine war?

India, which has continued to maintain its decades-old relationship with Russia, has also been a major buyer of its discounted oil since the invasion.

Russia’s share of India’s total oil imports hit a record high of 44% in June 2023, according to the Bank of Baroda, external, an Indian state-controlled lender.

In 2023, China also imported eight million tonnes of liquefied petroleum gas (LPG) from Russia, a 77% increase from 2021.

Speaking at a trade fair in Harbin on the second day of his visit to China, Mr Putin said energy ties will continue to grow and that Russia is ready to supply China with clean energy.

Moscow hopes to make progress towards finalising an agreement for a new pipeline – called the Power of Siberia 2 – to export natural gas from Russia’s Siberia region to north-eastern China.

China already receives gas from Russia through the original Power of Siberia pipeline, which has been in use since 2019.

#China #supporting #Russia #sanctioned #Ukraine #war

Related post

Children with cancer scammed out of millions fundraised for their treatment, BBC finds

Children with cancer scammed out of millions fundraised for…

Simi Jolaoso, Jack Goodmanand Sarah Buckley,BBC Eye Investigations Chance Letikva Warning: Disturbing content A little boy faces the camera. He is…
UK inflation dips by more than expected to 3.2%

UK inflation dips by more than expected to 3.2%

Falls in food, alcohol, and clothing prices last month helped drive inflation to its lowest level in eight months in November.…
‘Shambles’ as man dies from sepsis after 34-hour medication delay

‘Shambles’ as man dies from sepsis after 34-hour medication…

Greig WatsonEast Midlands Google Graham had been taken for treatment to Bassetlaw Hospital several times before The care given to a…

Leave a Reply

Your email address will not be published. Required fields are marked *