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

Burnley’s Trafford thrives since joking agreement with J.J. Watt

Burnley’s Trafford thrives since joking agreement with J.J. Watt

Burnley FC partial owner J.J. Watt might have gotten more than he bargained for when he made a joking promise to…
2025 MLS new kit superlatives: Our favorites, the most disorienting and more

2025 MLS new kit superlatives: Our favorites, the most…

The new MLS season is here and so is a new batch of kits for every team in the league. This…
Elon Musk Tells Federal Workers to Detail Work in an Email or Lose Their Jobs

Elon Musk Tells Federal Workers to Detail Work in…

Elon Musk threw federal workers into further confusion and alarm on Saturday when he ordered them to summarize their accomplishments for…

Leave a Reply

Your email address will not be published.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