Only Saudi Arabia Supplies More Oil To China Than Russia

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Rio Grande LNG Work Worth $9 Bn Awarded to Bechtel

A news release from the Houston-based oil and gas...

US Utilities, Energy Groups Back Clean Energy Tax Credits

In the US, 18 trade associations, which represent utilities,...

Customized Financing a Need for Distributed Renewable Energy

Tracking SDG 7: The Energy Progress Report 2025 goes...

China’s oil imports from Russia increased by 22% in September compared to the same month a year prior, but they lagged Saudi Arabia somewhat as independent refiners increased their purchases of cheaper Russian fuel in response to low local refining margins.

On October 24, data from the Chinese General Administration of Customs showed that Russia sent 7.46 million tonnes of goods. This included oil from the East Siberia Pacific Ocean pipeline and sea cargo from Russia’s ports in Europe and the Far East.

The amount, which equates to 1.82 million barrels per day (bpd), decreased from 1.96 million bpd in August and was lower than the maximum point of almost 2 million bpd in May.

In comparison to August’s imports of 1.99 million bpd, imports from top supplier Saudi Arabia totaled 7.53 million tonnes, or 1.83 million bpd, and were 5.4% lower than a year ago.

The record-breaking Russian purchases continued to squeak by on rival supplies from leading West African exporter Angola, whose volume plunged 36% year over year, statistics revealed, despite a 2% decline in China’s overall crude oil imports. Saudi Arabia kept the top spot in the first nine months with volumes of 65.84 million tonnes, down 1% from the previous year. Russian volumes, which came in second, increased by over 9% to 64.26 million tonnes.

Data from customs also revealed that imports from Malaysia, which had been frequently utilised in the previous two years as a transfer point for oil coming from Iran, Venezuela, and most recently Russia, had more than doubled to a new high of 4.05 million tonnes. That broke the previous record of 3.37 million tonnes, which was achieved in August. After no imports in August, China also received around 795,000 tonnes of American crude oil in September.

Neither Venezuelan nor Iranian imports have been noted.

Latest stories

Related stories

Rio Grande LNG Work Worth $9 Bn Awarded to Bechtel

A news release from the Houston-based oil and gas...

US Utilities, Energy Groups Back Clean Energy Tax Credits

In the US, 18 trade associations, which represent utilities,...

Customized Financing a Need for Distributed Renewable Energy

Tracking SDG 7: The Energy Progress Report 2025 goes...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back