China to import 27 mln tons of oil from Russia in 2016


China is well-disposed to import about 27 million tons of oil from Russia in 2016, Sergey Andronov, Vice-President of Russia’s ssage operator Transneft told TASS.

Russia exported 26.88 million tons of oil to China in 2015.

“16.5 million tons wishes be delivered via the Skovorodino-Mohe pipeline, 7 million tons will be furnished across Kazakhstan and around 3.5 million tons will be exported within the intergovernmental contract via the port of Kozmino,” Andronov told the news agency.

China is looking to usual up on its crude reserves while global energy prices remain low.

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