russia: Explained: How much oil, gas and coal India imports from Russia

LONDON: As the Ukraine-Russia crisis escalates and threatens to ignite conflict in Europe, analysts warn there could be implications for Asia, where several countries depend on Russia for oil, gas and coal.
Any invasion of Ukraine by Russian troops could trigger sanctions and retaliation that would disrupt the movement of fuels and affect energy security affecting buyers even thousands of miles away, analysts have warned.
Below are details on how Asian countries depend on oil, gas and coal from Russia.
India
India imported 1.8 million tonnes of thermal coal from Russia in 2021, up from 2.5 million in 2020, according to data from Iman Resources.
Russia’s share of India’s thermal coal imports fell to 1.3% in 2021 from 1.6%.
India imported 43,400 bpd of oil from Russia in 2021, around 1% of its overall imports.
India accounts for about 0.2% of Russia’s natural gas exports. GAIL (India) Ltd entered into a 20-year agreement with Gazprom to buy 2.5 million tonnes of LNG per year, which started in 2018.
China
China accounts for 15.4% of Russia’s total crude oil exports, with only Saudi Arabia selling more. Purchases of Russian crude oil from China averaged 1.59 million barrels per day (bpd) last year, or 15.5% of its total imports.
China receives around 40% via the 4,070 km (2,540 mile) ESPO (East Siberia Pacific Ocean) pipeline.
Russia is also China’s third-largest gas supplier. China accounted for 6.7% of Russian natural gas exports in 2021. Russian exports to China totaled 16.5 billion cubic meters (bcm), or about 12.07 million tons in 2021, meeting about 5 % of Chinese demand.
Russia was also China’s second largest coal supplier in 2021. China imported 15.25 million tonnes, or 4.72 percent of its total coal imports, from Russia in 2021, according to customs data.
South Korea
Russia was South Korea’s fourth largest supplier of crude oil in 2021 after Saudi Arabia, the United States and Kuwait. South Korea imported around 7.92 million tonnes of crude oil from Russia last year, worth around $4.27 billion, according to data from the Korea International Trade Association (KITA). .
South Korea also imported 2.87 million tonnes of gas from Russia last year, according to KITA data, making it the country’s sixth-largest supplier.
Russia was the second-largest coal exporter to South Korea in 2021 after Australia, shipping 21.95 million tonnes worth around $2.56 billion and accounting for 17.5% of total coal imports. coal from South Korea, according to the data.
Japan
Russia was Japan’s second largest supplier of thermal coal in 2021, accounting for 12.48% of its thermal coal imports, according to Japanese customs data.
Russia was Japan’s fifth-largest supplier of crude oil and liquefied natural gas (LNG) in 2021, accounting for 3.63% and 8.84% of its total imports, respectively. Japan accounted for 4.1% of Russia’s crude oil exports and 7.2% of its natural gas exports.
Vietnam
Russia was the third-largest coal exporter to Vietnam in 2021, after Australia and Indonesia. Its coal exports to Vietnam totaled 3.59 million tonnes in 2021, or 9.9 percent of Vietnam’s total coal imports, according to Vietnam Customs data.
The country did not import crude oil from Russia in 2021, but Vietnamese state oil company PetroVietnam has a 49% stake in an oil joint venture (Rusvietpetro) with Zarubezhneft in Russia’s Nenets Autonomous Region, which had produced 30 million tonnes of crude oil by mid-2021 since its inception in 2008.

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