Russia

Chinese imports of Russian LNG up 28.2%, of oil - up 18.1% in January-August

TASS English · 2026-09-20

AI SUMMARY

• What happened: China increased its imports of Russian liquefied natural gas (LNG) by 28.2% and oil by 18.1% from January to August 2023, according to the General Administration of Customs of China. • Why it matters: This growth positions Russia as a key supplier of energy to China, with LNG supplies valued at $2.66 billion and oil deliveries at $44.84 billion, highlighting the strengthening economic ties between the two nations amid global energy market shifts. • What to watch next: Monitor future trade agreements and energy supply developments between China and Russia, as well as potential impacts on global energy prices and geopolitical dynamics.

Chinese imports of Russian LNG up 28.2%, of oil - up 18.1% in January-August In value terms, supplies grew 13.2% and 33.3%, respectivelyBEIJING, September 20. /TASS/. China has increased its imports of Russian liquefied natural gas (LNG) by 28.2%, to 5.15 million metric tons year-on-year in January-August, the General Administration of Customs of China reported. According to the statistics, Russian LNG supplies to China grew by 13.2% in value terms in the reported period, reaching $2.66 billion. Russia is in the top three of China’s LNG suppliers, after Australia and Malaysia. Also, China increased its purchases of Russian oil by 18.1% in January-August 2026, to 77.65 million metric tons. According to figures released, Russian oil deliveries to the country grew by 33.3% in value terms in the reporting period, to $44.84 billion. This makes Russia the largest supplier of oil to China. 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Source: TASS English
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