Russia LNG Exports to China Rise to Record, Surpassing Australia

Russia’s liquefied natural gas exports to China surged to a record in November, as buyers shrugged off the risk of western sanctions to access the cheaper fuel.

Deliveries of the super-chilled gas from Russia more than doubled from a year earlier to 1.6 million metric tons last month, customs data released over the weekend showed. The jump saw Russia overtake Australia to become China’s biggest supplier after Qatar.