Moscow (AFP) Aug 29, 2010
Prime Minister Vladimir Putin on Sunday opened the Russian section of a long-awaited oil pipeline that will carry Russian crude to China in a bid to diversify its oil exports away from Europe.
"The Russian part of the project is completed," Putin said at an opening ceremony in Skovorodino in the Far Eastern Amur region in comments published on his official web site.
The branch pipeline will ultimately transport crude oil from Siberia to refineries in the northeastern Chinese city of Daqing.
"For us this is an important project because we are beginning to diversify the supply of our energy resources," Putin said at the ceremony, attended by the head of China's National Energy Administration, Zhang Guobao.
"Up to now, the main supplies have been delivered to our European partners. And still today our European partners get around 120-130 million tonnes of Russian oil."
The pipeline will initially carry 30 million tonnes of oil a year to the energy-hungry Asia-Pacific region and will later build up to 50 million tonnes, Putin said.
"This is already noticeable competition with the European route," Putin said.
The Chinese side still needs to build 930 kilometres on its territory to link up the pipeline, he said, but added that Russia is "absolutely sure that Russian oil will run to China this year."
Last year, the Russian oil pipeline monopoly Transneft completed the construction of the first 2,694-kilometre (1,600-mile) section of the oil pipeline, which originates in Taishet in eastern Siberia.
Transneft in October 2008 signed an agreement with the Chinese oil group CNPC on the construction of a 67-kilometre branch line to China
Share This Article With Planet Earth
Powering The World in the 21st Century at Energy-Daily.com
Gazprom wants Naftogaz for cheaper gas
Moscow (UPI) Aug 27, 2010
Russia said it would drastically reduce the gas price for Ukraine if Gazprom is allowed to merge with Ukraine's state-owned utility Naftogaz. In the case of a merger, "the gas could be delivered to the population of Ukraine at a price at which gas is delivered to the Russian households," Gazprom Chief Executive Officer Alexei Miller Friday told state-owned television Rossia 24 TV. ... read more
China to set up base to tap deep-sea energy: state media|
Geothermal's Golden Year
China's hydropower capacity up 50 percent by 2015: report
Iranian energy sector attracts investment
Baghdad brands 'illegal' RWE gas deal with Iraqi Kurds
China to stage war games in Yellow Sea
Putin opens Russian section of Siberian-Pacific oil pipeline
Gazprom wants Naftogaz for cheaper gas
Duke Energy Changes Focus Of Coastal Wind Demonstration Project With UNC
U.K. wind farms deny causing seal deaths
Mortenson Construction Building 100 Turbine Wind Farm In Illinois
Canada looks to utilize wind energy
Solar power moves ahead in California
Can The World Be Powered Mainly By Solar And Wind Energy?
Carmanah Solar Rooftop PV Grid-Tied System Ready For 500 Dr. David Suzuki Public School Students This Fall
New Photovoltaic Solutions At European Photovoltaic Solar Energy Conference
Merkel supports nuclear power plant extension
Germany mulls longer life for nuclear power plants: reports
Finnish police arrest 30 at nuclear power plant protest
India passes civil nuclear liability bill
Juicing Up Laptops And Cell Phones With Soda Pop Or Vegetable Oil?
METRO Applauds Mayor Bloomberg For Signing NYC Biodiesel Heating Oil Legislation Into Law
Genes That Promise To Make Biofuel Production More Efficient, Economical
Biomass Plant To Produce Steam And Electricity Considered
China Finishes Construction Of First Unmanned Space Module
China Contributes To Space-Based Information Access A Lot
China Sends Research Satellite Into Space
China eyes Argentina for space antenna
'Dry Water' Could Make A Big Splash Commercially
Drought Drives Decade-Long Decline In Plant Growth
Engineering The Skies
Russian drought to slow economic recovery
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - 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|