In terms of value, China’s natural gas imports grew nearly 40% to $55.19 billion.
China has reduced the import volume of all major types of energy resources in the first 10 months of 2022. This was announced by the General Administration of Customs of the People’s Republic of China on Monday, November 7.
Thus, the volume of imports of natural gas in China in January-October decreased annually by 10.4%, reaching 88.74 million tons, and oil – by 2.7%, at 413.53 million tons.
At the same time, in terms of value, gas imports in the specified period increased by 39.6%, to $55.19 billion. Oil imports in currency terms increased by 46.6%, to $302.67 billion.
In addition, in ten months, China reduced the volume of coal imports by 10.5%, to 230 million tons. In monetary terms, imports of this type of fuel increased by 37.3%, to $34 billion.
It can be recalled that in September, China bought a record volume of liquefied gas and coal from Russia. At the same time, the total volume of purchases of Russian energy resources has slowed down.
It has also been reported that China is buying gas from the Russian Federation at half price and selling it at a higher price to Europe. But in October, the PRC authorities abandoned this work to calmly go through the heating season.
News from Correspondent.net on Telegram. Subscribe to our channel Athletistic
Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.