Moscow, This month Russia may become the largest oil exporter not only to China, but also to India according to a report by the Energy Development Center.<\/p>\n
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\u201cAs for India, the increase in June in supplies compared to May amounted to almost 20%, and in annual terms \u2013 more than 20 times. Already in July, Russia may become the largest supplier of oil to India, outstripping Iraq (1.02 million barrels per day in June) and providing more than 20% of the country\u2019s oil imports,\u201d the report says.<\/p>\n
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According to experts, supplies of Russian oil to China are also growing. In June, they reached 2 million barrels per day both by sea and via the ESPO (Eastern Siberia-Pacific Ocean) pipeline, to India \u2013 985,000 barrels per day. \u201cFor the second month in a row, Russia has become the largest oil supplier to China, providing 15% of all imports and surpassing Saudi Arabia,\u201d analysts say.<\/p>\n
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The Energy Development Center also emphasized that Russian oil exports have fully adjusted to the sanctions and, at least during the summer, one should hardly expect a significant decrease.<\/p>\n
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Source: Syrian Arab News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Moscow, This month Russia may become the largest oil exporter not only to China, but also to India according to a report by the Energy Development Center. \u201cAs for India, the increase in June in supplies compared to May amounted to almost 20%, and in annual terms \u2013 more than 20 times. Already in … <\/p>\n