Full Title: Russia's Turn to the East: Energy Exports to China and India
Author(s): Timur Kulakhmetov
Publisher(s): Energy Information Reform Project
Publication Date: March 21, 2024
Full Text: Download Resource
Description (excerpt):
The long-standing effort by Russian officials to increase energy exports to Asia has ramped up since Western sanctions and cuts in Russian pipeline natural gas exports have slashed European imports from Russia. China and India have been Russia’s principal target markets; the two nations bought about 90% of Russia’s crude oil exports in 2023. Russia and its trade partners as yet lack infrastructure necessary to yield a similar market for natural gas exports.