World Courant
India, which has continued its decades-long relationship with Russia, has additionally been a serious purchaser of its competitively priced oil because the invasion.
Russia’s share of India’s complete oil imports reached a document excessive of 44% in June 2023, in accordance with Baroda Financial institutionexterioran Indian state-controlled lender.
In 2023, China additionally imported eight million tons of liquefied petroleum gasoline (LPG) from Russia, a 77% improve from 2021.
The 2 nations additionally plan to broaden vitality ties, together with a brand new pipeline – referred to as the Energy of Siberia 2 – to export pure gasoline from Russia’s Western Siberia area to northeastern China.
China already receives gasoline from Russia by means of the unique Energy of Siberia pipeline, which has been in operation since 2019.