
Audio By Carbonatix
Russia has become China’s biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war.
Imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia as China’s biggest provider.
China has ramped up purchases of Russian oil, despite demand dampened by Covid curbs and a slowing economy.
In February, China and Russia declared their friendship had “no limits”.
And Chinese companies, including state refining giant Sinopec and state-run Zhenhua Oil, have increased their purchases of Russian crude in recent months after being offered heavy discounts as buyers in Europe and the US shunned Russian energy in line with sanctions over its war on Ukraine.
The imports into China, which include supplies pumped through the East Siberia Pacific Ocean pipeline and shipments by sea, totalled nearly 8.42m tonnes last month, according to data from the Chinese General Administration of Customs.
Latest Stories
-
Netherlands Fire Chief in Ghana to support fire safety reforms and market fire prevention efforts
11 minutes -
Gov’t cuts fuel taxes, deploys buses to curb impact of rising fuel prices
42 minutes -
Interior Minister calls for intelligence-driven strategy as Ghana strengthens counter-terrorism efforts
42 minutes -
Adenta Circuit Court remands Pastor William Gyimah over viral threats against Vice President
1 hour -
“We’ve implemented changes to prevent a repeat of the AFCON final” – CAF President Motsepe
2 hours -
Gov’t orders deployment of Metro Mass buses to cushion commuters amid fuel price hike
2 hours -
Key Indian state polls begin in test for Modi’s party
3 hours -
Playback: Gomoa Easter Carnival in photos
3 hours -
Gov’t orders removal of fuel taxes to ease pump price hikes
3 hours -
“Whatever the decision of CAS, we will respect it” – CAF President Motsepe after AFCON final meetings in Morocco
3 hours -
Emma Ankrah: When waiting becomes part of treatment – Reflections on hospital care
3 hours -
Ghana urges travellers to prepare for new EU border system roll-out
3 hours -
Mahama enforces fuel coupon ban for ministers as cabinet moves to slash fuel taxes
3 hours -
Task force probes strange fish deaths in Tema
3 hours -
Neglected traffic lights turn Awoshie–Anyaa highway into deadly hotspot
4 hours