“Russian shipowners are faced with refusals from the authorities and companies of the PRC regarding the recognition of insurance documents for ships and cargoes issued by the above-mentioned insurance companies,” RIA Novosti quotes him.

According to Poshivay, Moscow would like to suggest that Beijing consider the possibility of recognizing domestic certificates and documents guaranteeing financial coverage of risks.

Earlier, Chinese President Xi Jinping said that the Chinese authorities would build a closer partnership with Russia in the energy sector.

The head of Rosneft, Igor Sechin, announced an increase in the volume of oil supplies to China in the period from January to October by 9.5%, to almost 72 million tons.