Thursday, December 12, 2024
spot_img

China ramps up Russian energy imports

Date:

Share post:

spot_img
spot_img

Beijing, Aug 20: While many European countries are trying to wean themselves off Russian gas, China is importing an increasing amount of energy from its neighbour.

Data from Beijing’s Customs Office on Saturday showed that Russia is China’s largest supplier of oil for the third month in a row, reports dpa news agency.

In July, China imported a total of 7.15 million tonnes of Russian oil, up 7.6 per cent year-on-year.

At the same time, China’s coal imports from Russia rose to the highest level in more than five years with 7.42 million tonnes in July — around 14 per cent more than in the same month last year.

While the European Union has been trying to reduce its dependency on Russian energy supplies in light of the country’s invasion of Ukraine, which started nearly six months ago, China has been taking advantage of discounted commodity prices from Moscow to increase imports.

Beijing has so far not condemned Russia’s war in Ukraine.

IANS

spot_img
spot_img

Related articles

Mamata Banerjee slams Union Cabinet over One Nation, One Election Bill

Kolkata, Dec 12: West Bengal Chief Minister Mamata Banerjee on Thursday slammed the Union Cabinet for clearing the...

PM Modi to launch Rs 7,000 crore projects in Prayagraj; inspect development work for Mahakumbh Mela

New Delhi, Dec 12" Prime Minister Narendra Modi is all set to visit Prayagraj on Friday to inspect...

Historic and exemplary, says PM Modi on Gukesh becoming youngest world chess champion

New Delhi, Dec 12: Indian Prime Minister Narendra Modi has termed Gukesh D. becoming the youngest world chess...

India’s maritime history was neglected for decades: Sarbananda Sonowal

New Delhi, Dec 12: Union Minister Sarbananda Sonowal on Thursday said that India's maritime history was neglected for...