Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> China
UPDATED: 09:50, September 09, 2005
Putin: Oil pipeline will serve China first
font size    

Russian President Vladimir Putin has confirmed that his nation's trans-Siberian oil pipeline's first exports will be to China, instead of Japan, according to a Wall Street Journal report.

In a meeting with Western analysts and journalists at the Kremlin late on Monday, Putin said shipments initially would go to China's oil centre in Daqing, Heilongjiang Province, according to the US newspaper, citing participants of the meeting.

"The Daqing pipeline will be built first," Putin reportedly told the group. "But we will also build to Nakhodka."

The Russian Government refused to comment on the report.

According to the newspaper, construction of the pipeline is to begin late this year, with the first stage capable of carrying 30 million metric tons of crude oil annually from the Siberian city of Taishet to Skovorodino near the Chinese border.

From there, the pipeline is expected to take two-thirds of the oil south to Daqing, while the remaining 10 million metric tons would be shipped by rail to a new port to be built on the Pacific coast near Nakhodka. The project is expected to be completed around 2008.

Putin also pledged to expand the line's capacity to 50 million metric tons a year, or roughly 1.2 million barrels per day, and to extend the line all the way to the Pacific coast at some time in the future, the Journal report said.

Putin reiterated Russia's plan to expand its oil production amid worries about global petroleum supplies.

Source: China Daily


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Siberian oil pipeline to go to China first: Putin

- Russian Taishet-Nakhodka pipeline to reach China first

- Russia lowers forecast of oil supplies to China 2005

- Putin: oil pipeline to China's Daqing of great importance

- Russia prioritizes China over Japan for oil

- Putin promises prior oil supply to China

Online marketplace of Manufacturers & Wholesalers

Copyright by People's Daily Online, all rights reserved