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    » 01/03/2011, 00.00

    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.

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    See also

    14/07/2006 RUSSIA - ASIA – UNITED STATES
    Middle East, North Korea, Iran focus of G8 starting tomorrow in Russia

    The economic growth of Asia and other countries, and the new "cold war" between Russia and the United States are increasingly undermining the importance of the meeting. Experts say it is a must to expand the body to include India and China.  



    14/10/2004 CHINA - RUSSIA
    Putin in China to talk oil and weapons


    26/03/2007 RUSSIA – CHINA
    Hu in Moscow to strengthen political and economic ties
    The three-day state visit coincides with the start of the Year of China in Russia. For Beijing Russian oil and gas are important, but so are trade and military cooperation. Moscow, too, has its eyes turned eastward. Both countries want to reduce US role.

    14/02/2007 INDIA – CHINA – RUSSIA
    India, Russia and China discussing terrorism, energy and politics
    It is their second tripartite meeting of foreign ministers. All three want to strengthen mutual economic and political ties as well as enhance relations with other countries. Meanwhile Sino Indian trade booms.

    17/09/2008 CENTRAL ASIA – EU – RUSSIA
    West and Russia vying for allies and energy in Caucasus and Central Asia
    NATO continues its approach to Georgia. Moscow talks about a “Cold war” climate as it strengthens its ties with Abkhazia and South Ossetia. Azerbaijan and Kazakhstan try to find a difficult balance between the two rival camps. China takes advantage of the situation to gain important energy deals.



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