Sino-Russian energy cooperation makes headway

Published: 29 September 2004 y., Wednesday
The four points of consensus reached on the energy cooperation between China and Russia showed that Sino-Russian energy cooperation has made a big progress, said Chinese Foreign Ministry spokesman Kong Quan in Beijing Tuesday. Kong made the remarks at a regular press conference. The four points of consensus were reached during the visit paid by Chinese Premier Wen Jiabao to Russia from Sept. 23 to 25. They are: -- Russia will firmly strengthen cooperation with China in the fields of oil and natural gas. -- Russia will decide the direction of its oil pipeline in Far East region by adequate studies, and Russia will actively consider including China into the oil pipeline network despite what final plan it takes. -- The two sides both agreed to increase oil trade through land route, aiming at increasing Russia's oil exportation to China to atotal of 10 million tons through railway transportation by 2005 and 15 million tons by 2006. -- The two sides decided to make cooperation plan on natural gas exploitation as soon as possible. These consensus would put forward the cooperation of mutual benefit between China and Russia in energy sector, especially in the fields of oil and natural gas, Kong said.
Šaltinis: Xinhua
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Simulation technology could help prevent future financial crises

How will economic policies adapt in 2020 when a quarter of the EU population is over 65? Can economics better predict how banks will react to credit crunches in the future, and what their impact will be on the wider economy? more »

EBRD supports one of the first modern food retail chains in Turkmenistan

The EBRD is supporting the development of one of the first modern food retail chains in Turkmenistan with a $1.9 million equity investment in Ak Enar. more »

Ukrainian electricity to be supplied to Lithuania without intermediaries

While on a working visit to Ukraine, President of the Republic of Lithuania Dalia Grybauskaitė has underlined that Ukraine might become a very important energy partner for Lithuania and for the whole European Union but only transparent and open relations will lead to success in this area. more »

Cooperation between the Nordic Investment Bank and Lithuania was discussed in Vilnius

On 25 November in Vilnius, Lithuania’s Vice-Minister of Foreign Affairs and President of the Nordic Investment Bank discussed the issues of the Northern Dimension Partnership on Transport and Logistics (the secretariat of which is being established at the Bank), issues of the NIB cooperation with Lithuania and perspectives of the NIB’s activities in the country. more »

EBRD adopts new Russia Strategy for 2010-2012

The European Bank for Reconstruction and Development has adopted a new strategy for the Russian Federation. more »

Made in where? MEPs want clear rules on origin marking

Consumer protection requires transparent and consistent trade rules, believe MEPs. more »

EIB provides CZK 2 billion for regional infrastructure in South Moravia (Czech Rep.)

The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 76 million) to the South Moravia Region for co-financing the Region’s priority infrastructure projects supported by the EU Structural and Cohesion Funds over the period 2007 – 2013. more »

Israel-Lithuania Chamber of Commerce Established

Seeking to strengthen business partnership between Israel and Lithuania the Israel and Lithuania Chamber of Commerce has been recently established in Lithuania. more »

Dr. J.Titarenko appointed as Chief Financial Officer of Bank DnB NORD Group

AB DnB NORD Bankas, notifies that on 24 November 2009, the member of the Management Board and Executive Vice-president of AB DnB NORD Bankas dr. Jekaterina Titarenko has been appointed as Chief Financial Officer of Bank DnB NORD Group. more »

Financial aid for Serbia, Bosnia, Armenia and Georgia

Parliament gave its backing on Tuesday for €400 million-plus in budget aid to Serbia, Bosnia and Herzegovina, Armenia and Georgia. more »