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FILE - A view shows a board with the logo of Russia's oil producer Rosneft at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. [File photo: Reuters/Anton Vaganov]
Russia’s largest oil producer Rosneft has secured an additional deal on supply of 2.5 million metric tons of oil per year to China via Kazakhstan, Interfax news agency quoted Russian Energy Minister Sergei Tsivilev as saying on Thursday.
Russia has deepened trade and political ties with China following the rift with the West over the conflict in Ukraine. China and India have become largest buyers of Russian oil in the past several years.
Interfax reported in May, citing Russian Deputy Prime Minister Alexander Novak, that China had proposed Russia to boost oil transit via Kazakhstan by 2.5 million tons per year.
In 2024, the transit totalled 10.2 million tons, or around 204,000 barrels per day.
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