Russia supplies first shipment of Arctic oil to China | WHAT REALLY HAPPENED

Russia supplies first shipment of Arctic oil to China

Russian energy giant Gazprom Neft has started supplying crude from its Novy Port Arctic oil field to China. The first batch amounting to 144,000 tons of crude was delivered to Yantai port, the company announced.
The tanker route from Murmansk to Yantai crosses the Arctic seas and three oceans, and takes 47 days.

“Successful experience in the sale of Arctic oil in the European market and in-depth insight of Asia-Pacific markets allow Gazprom Neft to offer Novy Port oil with a unique year-round logistics scheme to Asian partners,” said Deputy Director General of Gazprom Neft for Logistics, Processing and Sales Anatoly Cherner.

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