• $ 1.7
  • € 1.9014
  • ₽ 0.020971
  • ₺ 0.0437
  • £ 2.2609

Russia may boost oil exports to China via Kazakhstan — Novak

Russia may boost oil exports to China via Kazakhstan — Novak
20.05.2025 13:30

Russia may increase oil exports to China via Kazakhstan by 2.5 million tonnes following a request from Beijing, Russian Deputy Prime Minister Alexander Novak said.

Novak noted that the proposal came from the Chinese side, and Moscow is ready to meet the request. However, he said technical adjustments to Kazakhstan’s pipeline infrastructure will be needed before the increase can take place. Work on this is already underway, he added.

In the first quarter of 2025, China reduced its imports of Russian oil by 14.7% year-on-year to 24.3 million tonnes. In February, Russian oil exports to India also fell by 23% compared to the same period in 2024.

Similar news
Similar news
Prosecutor seeks up to 12 years in prison in 'Abzas Media' case
Business 17:05
Prosecutor seeks up to 12 years in prison in 'Abzas Media' case
Azeri Light crude rises to USD 67.62 per barrel
Business 17:00
Azeri Light crude rises to USD 67.62 per barrel
Azerbaijan’s banana import costs rise 11% in Q1 despite lower volumes
Business 15:30
Azerbaijan’s banana import costs rise 11% in Q1 despite lower volumes
Bakcell organized a training session on artificial intelligence
Business 14:10
Bakcell organized a training session on artificial intelligence
Russia may boost oil exports to China via Kazakhstan — Novak
Business 13:30
Russia may boost oil exports to China via Kazakhstan — Novak

Birbank Biznes meets with entrepreneurs in Qabala
Business 15:39
Birbank Biznes meets with entrepreneurs in Qabala

Yelo Bank launches Yelo Invest for stock trading
Business 15:17
Yelo Bank launches Yelo Invest for stock trading
Azerbaijan keeps manat steady against U.S. dollar; euro weakens, ruble rises
Business 13:00
Azerbaijan keeps manat steady against U.S. dollar; euro weakens, ruble rises
Bank Respublika Once Again Recognized as "Azerbaijan"s Most Active Issuing Bank"
Business 11:27
Bank Respublika Once Again Recognized as "Azerbaijan"s Most Active Issuing Bank"
Anews TV

Our official Youtube channel

Subscribe