- Moreover, it is reported that Russia remains one of China’s key pipeline gas exporters with supplies totaling $2.8 bln in value terms in January-September 2022
According to TASS, Russia's state-owned news agency article published on October 24, 2022, LNG supplies from Russia to China increased by 29% in January-September 2022 in annual terms to 4.23 mln tons, the General Administration of Customs of China reported on Monday.
In value terms China’s LNG imports from Russia soared 2.6-fold in the reporting period to over $4.22 bln, according to the report. In physical terms Russia is the fourth-largest LNG supplier to the People’s Republic of China after Australia (16.14 mln tons worth $11.47 bln), Qatar (11.43 mln tons worth $8.12 bln, and Malaysia (5.88 mln tons worth $5.46 bln).
Moreover, Russia remains one of China’s key pipeline gas exporters with supplies totaling $2.8 bln in value terms in January-September 2022, up 2.83-fold year-on-year, being second after Turkmenistan (with deliveries worth $7.32 bln in nine months, up by 51%).
Russian pipeline gas supplies to China climbed 2.54-fold in 2021 to over 7.53 mln tons worth $1.51 bln, while LNG deliveries amounted to 4.51 mln tons (down by around 10%) worth $2.76 bln (up by 60%), according to official figures.
