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

European Globalisation Fund set to help workers in clothing industries in Spain

The European Commission approved an application from Spain for assistance from the EU Globalisation Adjustment Fund (EGF). more »

European Commission calls for saving time and money in cross-border legal disputes through mediation

The European Commission today reiterated the potential of existing EU-rules on mediation in cross-border legal disputes, reminding Member States that these measures can only be effective if put in place by Member States at national level. more »

New opportunities for export of animal products to Russia as certificates enter into force

Exports of animals and animal products from the European Union to Russia are expected to receive a boost after five new certificates for exports between the EU and the Russian Federation entered into force on August 15. more »

World Bank President Zoellick Completes Two-Day Visit To Moldova

World Bank Group President Robert B. Zoellick visited Moldova on August 11-12 at the invitation of Prime Minister Vlad Filat. more »

Profit of the first half of 2010 before loan impairment charges of Danske Bank A/S Lithuania branch is 28m LTL

These are the financial results of the banking activities of the Danske Bank Group in Lithuania (Danske Bankas and Danske Lizingas UAB). more »

First European Investment Bank loan to Armenia for Yerevan metro upgrade

The European Investment Bank (EIB) today signed its first loan agreement with Armenia. more »

Commission releases €14.9 million for food security to the Republic of Niger

Given the worsening food crisis in the Sahel, the Commission today agreed to disburse €14.9 million for food security in Niger, the worst affected country in the area. more »

Commission approves the acquisition of joint control of Arnotts by Anglo Irish Bank and RBS

The European Commission has cleared under the EU Merger Regulation the proposed restructuring of Arnotts' debts in return for a transfer of control to Anglo Irish Bank and Royal Bank of Scotland (RBS). more »

European Commission approves €135 million in grants to Morocco for 2010

The European Commission today approved a new financial support package of €135 million for Morocco. more »

The Commission allocates an additional €10 million package in humanitarian aid for Liberia

The European Commission is allocating an extra €10 million in humanitarian aid for Liberia. more »