Posted: 15.08.2023 17:24:00

China increased oil and gas imports since early 2023

In January-July 2023, China increased oil imports by 12.4 percent and gas by 7.6 percent – as evidenced by the data released by the Main Customs Administration of the People's Republic of China, RIA Novosti reports


It is informed that, in six months, China imported 325.752m tonnes of oil; in price terms, the purchase of crude oil abroad cost $187.293bn (12.3 percent less than in the same period of 2022). In July, China purchased 43.686m tonnes of oil abroad for $23.904bn.

In addition, the volume of natural gas imports in H12023 amounted to 66.876m tonnes, worth $36.9bn. In July, China purchased 10.3m tonnes of natural gas abroad for $4.9bn.