Energy News  





. Russia To Build Large Gas Pipelines To China

Gazprom gas pipelines in Siberia.
by Staff Writers
Beijing, China (XNA) Jan 05, 2007
Russia will build two large gas pipelines to China within five years, it was announced yesterday. The two countries will also continue a feasibility study on extending a Siberia-Pacific coast oil pipeline to China. The high-profile energy deals were announced after nearly two hours of talks between President Hu Jintao and his visiting Russian counterpart Vladimir Putin.

The two leaders issued a joint declaration and witnessed the signing of 15 agreements on energy supplies, trade and investment.

According to the joint statement, energy is one of the main components of the strategic partnership between the two countries; and both sides plan "to implement a strategy of diversification in the energy sphere."

The statement stressed that the "energy departments and companies of the two countries are working actively to promote pipeline projects to supply crude oil and natural gas from Russia to China."

China National Petroleum Corp (CNPC), the country's biggest energy firm, and Russian gas giant Gazprom signed a contract for the building of two gas pipelines reportedly costing up to US$10 billion.

Gazprom Chief Executive Alexei Miller was quoted as saying that one of the pipelines would deliver gas from west Siberia and the other from Russia's Far East; and each of the pipelines would be capable of delivering 30 to 40 billion cubic metres of gas each year. China is reported to have consumed about 39 billion cubic metres of gas in 2004.

CNPC and Russian oil pipeline firm Transneft also signed a deal confirming a joint feasibility study on a spur to China of the US$11.5 billion East Siberia-Pacific Ocean oil pipeline, to be completed in 2008.

CNPC also signed a deal with Rosneft Oil Company on the establishment of joint ventures to refine crude and sell oil products.

Other documents signed include those on Russian electricity sales to China, anti-money laundering, railway transportation and international satellite broadcasts of the 2008 Beijing Olympic Games.

Sources with the Foreign Ministry told reporters that seven more agreements ranging from exhibitions to the press and education will be signed today between relevant ministries.

During their talks, Hu said he firmly believed that Putin's visit would boost the strategic partnership and that China is willing to push forward bilateral co-operation in trade, high-tech industry, energy, and cross-border water protection.

Hu pointed out that this year marks the 10th anniversary of the establishment of the China-Russia strategic partnership of co-ordination and the fifth anniversary of the Sino-Russian good neighbourly treaty of friendship and co-operation.

Echoing Hu, Putin said the start of the Year of Russia in China, which is unprecedented in scale and involves activities in various fields, shows that current Russia-China relations have reached "a very high level, and laid a better foundation for the future development" of their ties.

Putin said Russia is looking forward to enhanced co-operation in transportation, banking, and space exploration; and increased exports of mechanical and electrical products.

He said the current trade momentum would make it easier to meet the goal of US$60-80 billion in bilateral trade volume by 2010.

Hu and Putin are scheduled to join opening ceremonies today of a new Sino-Russian business forum bringing together top industrial leaders from both countries to spur business-to-business relations.

Putin will also hold talks with Premier Wen Jiabao and top legislator Wu Bangguo before heading to Central China's Henan Province to visit the Shaolin Temple, considered a shrine to Chinese kung fu, before flying back tonight.

Putin arrived in Beijing yesterday morning on his second visit to China since he was re-elected president in 2004.

Source: Xinhua News Agency

Community
Email This Article
Comment On This Article

Related Links
China National Petroleum Corp
Powering The World in the 21st Century at Energy-Daily.com




Tempur-Pedic Mattress Comparison

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
Mixed Prairie Grasses May Be Better Biofuel Source
Minneapolis MN (SPX) Jan 04, 2007
Highly diverse mixtures of native prairie plant species have emerged as a leader in the quest to identify the best source of biomass for producing sustainable, bio-based fuel to replace petroleum. A new study led by David Tilman, Regents Professor of Ecology in the University of Minnesota's College of Biological Sciences, shows that mixtures of native perennial grasses and other flowering plants provide more usable energy per acre than corn grain ethanol or soybean biodiesel and are far better for the environment.

.
Get Our Free Newsletters Via Email
  



  • Russia To Build Large Gas Pipelines To China
  • From Dairy Waste To Electric Power
  • Denmark Aims To Introduce Bio-Ethanol By End Of 2007
  • Mixed Prairie Grasses May Be Better Biofuel Source

  • Russia To Spur Bushehr Nuclear Project
  • A Nuclear Partnership Between Russia And Kazakhstan
  • Russia Eyes Tie-Up With Japanese Firms For Nuclear Power Project
  • Bulgaria Shuts Down Nuclear Reactors Ahead Of EU Entry

  • U.S. wood-fired boilers cause concern
  • Climate Change Affecting Outermost Atmosphere Of Earth
  • TIMED Celebrates 5-Year Anniversary
  • Steering Clear Of Icy Skies

  • Health Of Brazilian Rainforest Depends On Dust From One Valley In Africa
  • Forests Can Also Raise Temperature Of Earth
  • Western Wildfires Linked To Atlantic Ocean Surface Temperatures
  • Indonesia Faces Further Disasters If Forests Not Replanted

  • Gene silencing used to make better potato
  • Slag keeps rabbits out of wheat fields
  • Scientists create pesticide sunscreen
  • Organic calf born in New Hampshire

  • Chrysler Launches Pitch To Expand Outside US
  • Honda Says Fuel-Cell Cars Can Be Mass-Produced By 2018
  • Is The Russian Automotive Industry Facing Boom Or Bust
  • New Version of Award Winning Vehicle Simulation Modeling Software

  • IATA Gives Cautious Welcome To EU Emissions Trading Plan
  • EU Proposes CO2 Emission Quotas For Airlines
  • Shoulder Ligament A Linchpin In The Evolution Of Flight
  • EU Compromises On Airlines In Carbon-Trading Scheme

  • Could NASA Get To Pluto Faster? Space Expert Says Yes - By Thinking Nuclear
  • NASA plans to send new robot to Jupiter
  • Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission
  • Boeing Selects Leader for Nuclear Space Systems Program

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights 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