China massively increases imports of Russian gas and oil, new figures released
China's higher imports shift physical flows of Russian gas and crude oil toward the Chinese market.
Source →The trace
How it reaches your house.
Starting from Gazprom (ПАО Газпром), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Gazprom (ПАО Газпром) →supply upNatural Gas (Pipeline-Grade, >95% Methane)
China's larger Russian gas imports channel more Gazprom pipeline gas into the Chinese market, increasing availability of pipeline-grade natural gas.
86% confidenceCanadian crude oil imports →Prices riseChina's higher Russian oil imports and the reported diversion of oil flows toward Asia can tighten global crude feedstock availability and raise freight/import costs, which can transmit into jet fuel pricing through this crude-input dependency.
43% confidenceBP plc →Prices riseNatural gas wellhead production
China’s increased Russian gas imports redirect supply toward Asia and can lift market prices for natural gas wellhead production, though BP’s exposure on this edge is only 3.5% with moderate substitutability.
Hop 2
Natural gas wellhead production →Stands to benefitChina's higher imports of Russian gas shift demand toward Russian upstream production, and Russia is a major supplier here with a 17% share.
82% confidenceNatural Gas (Pipeline-Grade, >95% Methane) →Stands to benefitChina's higher imports of Russian gas create an additional export outlet for Russian pipeline gas, benefiting Russia as a 16% supply-source country for this input.
77% confidenceNatural Gas (Pipeline-Grade, >95% Methane) →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Jet fuel
In the MyPRIA app, this is checked against your own holdings.