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. Last Updated: 07/27/2016

Crude Shipments to China Double

LONDON -- Russia more than doubled direct oil supplies to China last month, after exports to the Asian nation started from state-owned Rosneft, which is stepping in to replace Yukos.

Crude shipments through the station of Zabaikalsk on the Chinese border rose to 381,000 tons (2.8 million barrels) last month from 167,200 tons a year earlier, Russian Railways, the country's rail monopoly, said Thursday. Russian suppliers to China ship two-thirds of their oil through Zabaikalsk directly to China and about a third goes across Mongolia.

"The plan for crude shipments was exceeded by 52 percent in February as it was planned to ship 250,000 tons of oil," Russian Railways, or RZD, said in a statement posted on its web site.

RZD shipped a total of 385,900 tons of crude and fuel to China via Zabaikalsk last month, the company said. Russia plans to ship 630,000 tons of oil to China in March, up from the planned 530,000 tons for February. RZD this year plans to ship a total of 10.5 million to 11 million tons of oil to China.