China National Petroleum Corporation
Russia to Increase Oil Exports to China
Monday, 4th April 2016
China is ready to import 27m tons of Russian crude this year, which would allow Moscow overtake Saudi Arabia as China's biggest oil supplier, according to Transneft Vice-President, Sergey Andropov. Russia exported 26.68m tons of oil to China in 2015, a 17.5% increase compared with 2014.