US dollar is withdrawn from Russian-Chines oil trade.
In 2015 China paid for all supplies of ESPO crude from the East Siberia-Pacific Ocean oil pipeline in yuan. Gazprom Neft supplied to China 740,000 tons of oil in 2014. The amount of oil to be sold in 2015 will exceed 1 000,000 tons. Russia and China started practice of payments for supplies of oil not in dollars since summer 2014, and the first oil products via yuan-rubble transactions the company supplied to China in autumn 2014.
