A circuitous bypass of Russian sanctions by a hypocritical Europe.
China is ramping up its purchases of Russia’s liquefied natural gas (lng) and then turning around and reselling much of it to Europe, according to recent reports, in a sign of deepening anti-American cooperation between Beijing, Moscow and the European bloc.
The South China Morning Post reported that in the first half of 2022, China bought 2.8 million tons of Russia’s lng, a 28.7 percent increase over its purchase volume the previous year. This increase solidifies China’s spot as the world’s largest buyer of lng and propels Russia past the United States and Indonesia to become China’s fourth-largest supplier.
Read more at “Beijing Is Quietly Reselling Russian Natural Gas to Europe”