Putin: Russia Is Now One Of China’s Leading Oil & Gas Suppliers

Russian President Vladimir Putin has said that Russia has become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic meters of gas shipped to China in the first 11 months of 2022. Russia has now overtaken Saudi Arabia as China’s top crude supplier thanks to the availability of Russian Urals at huge discounts. Russia is China’s second-largest supplier of pipeline gas and fourth-largest of liquefied natural gas (LNG), with December shipments 18% above daily contractual obligations. Ten days ago, Putin inaugurated…