RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2019-06-26 14:05:00

RUSSIA'S OIL TO CHINA UP ANEW

RUSSIA'S OIL TO CHINA UP ANEW

REUTERS - Russia became the largest crude oil supplier to China in May, supported by robust demand from private refiners and alongside a fall in supplies from Iran.

Imports from Russia came in at 6.36 million tonnes in May, or 1.50 million barrels per day (bpd), data from the General Administration of Customs showed on Tuesday.

On a barrels per day basis, imports were up 4% from a year ago, but were flat versus April when China's total crude oil imports hit a monthly record.

For the first five months of the year, shipments from Russia were 30.54 million tonnes or 1.48 million bpd, up 9.8% percent from a year ago, customs data showed.

Iranian supplies to China fell to 254,016 bpd in May from 789,137 bpd in April and 763,674 bpd a year ago.

Chinese oil majors Sinopec and CNPC skipped Iran oil purchases for May after the expiry of a waiver on U.S. sanctions.

Arrivals from Saudi Arabia fell 25% last month from a year ago to 1.108 million bpd. That compared with 1.53 million bpd in April.

Ongoing refinery maintenance in the second quarter such as Sinoepc's Luoyang refinery affected crude demand from state refiners that often favors Saudi grades as feedstock.

Imports of U.S crude came in at 786,637 tonnes in May, or 185,240 million bpd, up from 116,272 bpd in April.

For the first five months, China's crude imports from the United States fell 80% from a year ago to 1.35 million tonnes or 65,264 bpd. Buying has dwindled amid an escalation of trade tensions, even though the Chinese government has not raised tariffs on U.S. oil despite raising duties on U.S. LNG and coal.

----- 


Earlier:

RUSSIA'S OIL TO CHINA UP ANEW
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
the United States had never targeted an Iranian head of state before and that was a sign Trump was getting personal.
RUSSIA'S OIL TO CHINA UP ANEW
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
RUSSIA'S OIL TO CHINA UP ANEW
2019, June, 24, 12:15:00
U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
All Publications »
Tags: RUSSIA, CHINA, OIL
Chronicle:
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:34:00
6TH ANNUAL LNG SUMMIT USA
The 6th Edition of Wisdom’s Much Acclaimed Annual LNG Summit Will Be Held Live in Houston - PREPARING THE INDUSTRY FOR THE RISE IN DEMAND FOR LNG
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:33:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023 Link to the Congress website: https://bit.ly/3tXVmr7
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:30:00
RUSSIAN OIL PROTECTION
Certification by the Indian Register of Shipping (IRClass), one of the world's top classification companies, provides a final link in the paperwork chain - after insurance coverage - needed to keep state-owned Sovcomflot's tanker fleet afloat and delivering Russian crude oil to overseas markets.
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:20:00
U.S. LNG EXPORTS DOWN BY 17%
Freeport LNG is one of seven LNG export facilities operating in the United States.
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:10:00
U.S. SMR FOR POLAND
Last Energy's SMR technology is based on a pressurised water reactor with a capacity of 20 MWe or 60 MWt.
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:05:00
PAKISTAN ENERGY CRISIS
This is the third time this month that Pakistan failed to complete an LNG tender for July, and the country’s inability to purchase fuel threatens to exacerbate electricity shortages just as hotter weather boosts air conditioning and power demand.
RUSSIA'S OIL TO CHINA UP ANEW
2022, June, 24, 11:00:00
INDONESIAN OIL PRODUCTION UP
The Indonesian state-owned oil and natural gas company Pertamina released its results for 2021, posting a total revenue of US$57.5bn (+39% compared to 2020) and a profit of US$2.2bn
All Publications »