Thursday, May 17, 2007

Russia Will Increase Oil Exports to China by at Least 5 Percent in 2007

(Bloomberg) -- Russia will increase crude oil exports to China by at least 5 percent this year, a government official said.

Russia exported 13 million metric tons of crude oil to China in 2006, Sergey Tsyplakov, trade representative of the Russian Federation in China, said at a press conference in Beijing today. Russia's crude oil exports to China rose 7.4 percent to 4 million tons in the first quarter, he said.


Read more at Bloomberg Energy News

No comments: