Oil supplies to China has been increased

20.07.2021

In June, Russia sharply increased oil supplies to China by 22.24 percent (up to 6.65 million tons).

Russia retained the second place in this indicator, Saudi Arabia remains in the first place. In June, the kingdom kept its exports at 7.2 million tons of oil. In addition to Russia, supplies to China were increased by Angola, the United States and Malaysia. For example, US exports have been increased by 32.71 percent (to 1.42 million tons).

In June, Chinese oil giant CNPC found the country’s largest shale oil reserve. Its volume is one billion tons. New oil fields have been explored at the Ordos field in Gansu province.