Crude Shipments to China Double

Russia more than doubled direct oil supplies to China last month, after exports to the Asian nation started from state-owned Rosneft, which is stepping in to replace Yukos.

Crude shipments through the station of Zabaikalsk on the Chinese border rose to 381,000 tons (2.8 million barrels) last month from 167,200 tons a year earlier, Russian Railways, the country’s rail monopoly, said Thursday. Russian suppliers to China ship two-thirds of their oil through Zabaikalsk directly to China and about a third goes across Mongolia.

MoscowTimes