3 August, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile






mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato
e-mail this to a friend printable version


» 01/03/2011
RUSSIA – CHINA
The first oil pipeline between Russia and China now operating
The authorities of the two countries greet the event as a “new beginning” in their energy cooperation. The pipeline is expected to send 300,000 barrels of Siberian crude to refineries in Daqing. Moscow now wants to boost its energy exports to the Orient.

Moscow (AsiaNews/Agencies) – The first oil pipeline linking Siberian oil fields to refineries in the northeastern Chinese city of Daqing was inaugurated on 1 January. It is expected to carry 300,000 barrels a day over the next 20 years. Until last year, oil between the world's biggest oil producer, Russia, and the world's biggest consumer of energy, China, was transported by rail.

The US$ 25bn project was partly financed by Chinese loans in exchange of 20 years of oil supplies.

A second stage of construction on the pipeline is due to be finished by 2014. It will then span a distance of about 4,700 kilometres.

The operation of the China-Russia crude oil pipeline is the start of a new phase in China-Russia energy co-operation,” said Yao Wei, general manager of Pipeline Branch of Petro China (for more on the topic, see also “Siberian oil for China”, in AsiaNews, 27 October 2008; “Medvedev goes to Beijing on his first trip abroad,” in ibid., 23 May 2008; “Hu in Moscow to strengthen political and economic ties,” in ibid., 23 March 2007; and “Moscow-Beijing axis emerging around weapons and oil, keeping US out,” in ibid., 26 February 2007).

For Russia, the oil pipeline as a way to diversify its exports (see “Medvedev in China, energy and economic co-operation at the top of the agenda,” in AsiaNews, 27 September 2010)

Until now, its 50,000-kilometre oil pipeline network was concentrated in Western Siberia and runs towards Europe.

In October 2009, Russian giant Gazprom and CNPC signed a framework agreement providing for deliveries of 70 billion cubic metres of Russian gas to China each year.


e-mail this to a friend printable version

See also
07/14/2006 RUSSIA - ASIA – UNITED STATES
Middle East, North Korea, Iran focus of G8 starting tomorrow in Russia
10/14/2004 CHINA - RUSSIA
Putin in China to talk oil and weapons
03/26/2007 RUSSIA – CHINA
Hu in Moscow to strengthen political and economic ties
02/14/2007 INDIA – CHINA – RUSSIA
India, Russia and China discussing terrorism, energy and politics
09/17/2008 CENTRAL ASIA – EU – RUSSIA
West and Russia vying for allies and energy in Caucasus and Central Asia

Editor's choices
CHINA
Unofficial catholic community of Wenzhou speak out against forced demolition of Crosses, whole diocese fasting
by Joseph YuanAfter 90-year-old Bishop Vincent Zhu Weifang of Wenzhou led 26 priests of the open Church community to protest against the government’s act to demolish Crosses, Coadjutor Bishop James Shao Zhumin of Wenzhou also led his priests to issue an open statement “Strongly demand a halt to demolish Crosses on all churches.
CHINA
Wenzhou: 90-year-old bishop and 26 priests protest against cross demolitions
by Joseph YuanThis is not the first time that the old bishop and his priests speak out against the demolition campaign against crosses and churches, which has touched more than 400 buildings. During the protest, police tried to disperse the group, which sought to submit a petition. The faithful recite a Crown of the Divine Mercy is in support of the Chinese Church. In Lishui, churches are expected to be torn down by 31 August.
ISRAEL - IRAN
After nuclear deal, Israel ought to become Iran’s best ally
by Uri AvneryThis is the thesis of Uri Avnery, leader of Gush Shalom, a major supporter of peace between Israelis and Palestinians. According to the great statesman and peace activist, Iran only wants to be a regional power in the Islamic world, able to trade with everyone, inspired by a sophisticated experience that goes back thousands of years. Iran, which faces backward-looking Gulf monarchies and emirates, could be a great ally against Daesh. Meanwhile in Israel Netanyahu, politicians and the media continue to blunder.

Dossier

Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.