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

Baltic Banking Among the Most Advanced in CEE

“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE). more »

During three quarters of this year AB Bank SNORAS was working profitably

According to the unaudited data for three quarters 2009, AB Bank SNORAS earned LTL 4.1 million profit. Although the inter-banking market of the country fixed the banks’ asset decrease (- 4.6 per cent) since the beginning of the year, the assets of Bank SNORAS grew by LTL 249.3 million and were by 4 per cent higher than at the beginning of 2009. more »

DnB NORD Bankas revises term deposit rates

Taking into account changes on domestic money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from November 5. more »

Lithuanians to Maintain Italian and Slovak Aircrafts

FL Technics, the leading aircraft maintenance, repair and overhaul (MRO) provider in Eastern Europe, has signed contracts with Air Italy and Air Slovakia for Boeing 737-300 aircraft base maintenance in Lithuania. more »

Halloween haunts charity coffee morning

Thales UK’s headquarters site in Weybridge has recently held a Halloween charity coffee morning, raising more than £280 for Marie Curie Cancer Care. more »

Verizon Business Helps Businesses Take On Today’s Biggest Security Threat – Attacks on Web-Based Applications

New SaaS-Based Vulnerability-Scanning Solution Is Latest Addition to Company’s Application Security Program. more »

Bank SNORAS considerably reduces the (commission) fees for accepting payments

Since 31 October 2009, only LTL 0.99 fee for accepting payments will be applied to clients while making payments for various services (utility fees, communication services, etc.) in all subdivisions of Bank SNORAS. more »

DnB NORD Bankas to offer repo deals online

AB DnB NORD Bankas, the country‘s leader in investment products market, offers a new possibility for the clients to make repurchase deals (repo deals) in the bank’s newly installed on-line trading platform. more »

Further financial integration crucial for eastern Europe, despite role in crisis

The benefits of the integration of eastern Europe’s financial systems into the world economy outweigh the costs that have been highlighted during the global economic crisis, the EBRD has concluded in a new report. more »

Fisheries: EU is ready to combat illegal fishing

On 22 October 2009, following the favourable opinion expressed in September by the Committee for Fisheries and Aquaculture, the Commission adopted a Regulation establishing the implementing rules for the 2008 Regulation to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing. more »