 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
China begins building oil pipeline to Russia: report
Beijing (AFP) May 18, 2009 China began work Monday on an oil pipeline to connect its northeastern border with crude-rich Russia, state press said, as the Asian giant looks to supply its energy hungry economy. China's Vice Premier Wang Qishan launched the project, which will link the Siberian border town of Mohe with refineries in China's Daqing city over 900 kilometres (558 miles) away, Xinhua news agency said. The construction is part of a 20-year deal signed in April between the two nations that will pump 15 million tonnes of Russian crude annually into China when the pipeline is completed in 2010. As part of the agreement, China will help finance Russian oil firms Rosneft and Transneft with a total of 25 billion dollars in loans. The pipeline is a spur of the East Siberian-Pacific Ocean pipeline that is currently under construction and will transport Russian crude from Siberia to a terminal on its eastern coast. Share This Article With Planet Earth
Related Links Powering The World in the 21st Century at Energy-Daily.com
Brazilian leader Lula in ChinaBeijing (AFP) May 18, 2009 Brazil's President Luiz Inacio Lula da Silva arrived in Beijing on Monday with 240 business leaders for a visit aimed at boosting trade with China and promoting what he called a "new economic order." He was due to meet Chinese President Hu Jintao and other leaders during the three-day visit, and promote oil contracts, sales of Embraer aircraft, meat exports and biofuel technology for cars ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook