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, 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 6 months of 2024, Russia's supplies increased by 17.4% - to almost $ 4 billion, compared to $ 3.4 billion in the period from January to June 2023. Moreover, over the past 5 years, exports have increased 13 times.

Turkmenistan remained the largest supplier of pipeline gas to China 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.