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

Parex banka to expand relationship with American Express

Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation. more »

Taiwan in 2.5bn dollar spree

Every one of the Taiwan's 23 million population has been given a voucher worth the equivalent of just over 100 U.S.dollars. more »

EU economy hit hard by global downturn

Commission cuts economic growth forecast as scale of financial crisis and ensuing global downturn become apparent. more »

After solid first quarter: Wincor Nixdorf reaffirms outlook, but attunes to economic crisis

Wincor Nixdorf AG completed the first quarter of the current fiscal year with 7 percent growth in net sales and an 8 percent increase in operating profit (EBITA). more »

Messy bedroom marketing

New homes go up in the UK's eastern county of Norfolk. There is also the unusual take on selling new homes. more »

Motorola Provides Preliminary Fourth-Quarter 2008 Results

Announces approximately 4,000 additional workforce reductions, primarily in the Mobile Devices business. Total cost savings from recent actions now expected to be approximately $1.5 billion in 2009. more »

MasterCard makes global, domestic organizational changes

MasterCard announces organizational changes. more »

Eurobarometer poll shows economic fears ahead of June European elections

Economic volatility , rising prices and a general pessimism about what the future holds were all opinions voiced in a recent “Eurobarometer” European survey. more »

Banking sales improve at Wincor Nixdorf, despite global economic downturn

Wincor Nixdorf AG says it exceeded its profit goals for fiscal year 2007/2008, which ended Sept. 30, despite a battered global economy and a slight drop in retail sales. more »

Aussie shoppers forget crisis

Across the country Australians are expected to spend over 10 billion U.S. dollars in post-Christmas sales. more »