Russia supplies record amount of gas to China

According to RIA Novosti's analysis of Chinese customs data, in June 2024, Russia supplied China with gas via pipeline worth a maximum of $737 million.

As a result, material costs at the beginning of the summer increased by 3.4% month-on-month and 29% year-on-year - to 737 million USD, becoming a new high for bilateral trade between the two countries.

Previously, Russia's pipeline gas exports to China exceeded $700 million only twice, with $713 million delivered in both May and February.

At the same time, in the first six months of 2024, Russia's supplies increased by 17.4% - to almost $4 billion, compared to $3.4 billion in January-June 2023. Moreover, over the past five years, exports have increased 13 times.

Turkmenistan remained China's largest supplier of pipeline gas in the first half of this year, although its exports fell slightly - to $4.8 billion from $5.1 billion a year earlier. Other countries supplying gas to China included Myanmar, which supplied $680 million, Kazakhstan, $559 million and Uzbekistan, $235 million.