Thursday, November 5, 2026Moscow
Economy

Russia became the second largest exporter of LNG to China

Russia supplied China with 951 thousand tons of liquefied natural gas (LNG) in July 2026, which is 43% more than last year’s volumes for the same period. It is also a record high since September 2024.

Published

Russia supplied China with 951 thousand tons of liquefied natural gas (LNG) in July 2026, which is 43% more than last year’s volumes for the same period. It is also a record high since September 2024. Russia took the second place among exporters of LNG to China after Australia, reports “Interfax” with reference to the data of the Main customs administration of the Republic.

In July, Russia produced 2.34 million tons of liquefied gas, of which 1.36 million tons went to the Asian market (China, Japan, South Korea, Taiwan). China received 19% more LNG that month than a year earlier – 5.16 million tons. Re-exports fell from 5.3% of imports in June to 3.7% of imports in July.

Total gas supplies to China via gas pipelines from five countries decreased by 6% to 6.723 billion cubic meters. Supply from Russia remains at a high level - about 112 million cubic meters per day. Turkmenistan and Kazakhstan reduced supplies by 8%, Uzbekistan by 60%. China also receives liquefied gas from Myanmar, but the volume of supplies from this country is not reported.

Source: Коммерсантъ ↗

Share

More on This Story

EconomyThe Ministry of Finance from October 7 will increase the purchase of currency and gold five times

The Ministry of Finance of Russia from October 7 to November 6 intends to buy foreign currency and gold under the budget rule for 279.42 billion rubles. This is five times more than the volume planned a month earlier (55.6 billion rubles).

Коммерсантъ
EconomyThe FT learned how the growing debt burden prevents China from stimulating the economy

China’s debt service will cost 19.2 percent of total government this year, according to a study by the Conference Board

Григорий Лебедев
The head of JPMorgan said that the Russian army could reach Paris if desired
EconomyThe head of JPMorgan said that the Russian army could reach Paris if desired

Dimon said that EU countries cannot afford full-fledged armies and the Russian Armed Forces could reach Paris if desired. The US should support the EU and make more deals with it to avoid fragmentation

Григорий Лебедев
The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

No spam. Unsubscribe anytime.