Source Pravda.Ru

YUKOS holds talks with Chinese companies

The Russian oil major YUKOS is negotiating long-term oil supplies with a number of Chinese companies, Mikhail Brudno, Acting President of YUKOS RM, the company's refining and sales unit, announced. "We hope that by the end of May the government will approve the energy strategy, which will clear up the situation with controlling the (Angarsk-Daqing) pipeline," he said. The Russian government has long been discussing a number of alternatives for the project, which, when completed, could boost Russia's east-bound oil exports by 20-30 million tons a year.

The alternatives are to build the pipeline from the Eastern Siberian city of Angarsk to the Chinese city of Daqing or to the Far Eastern port of Nakhodka. The third option is to build the Angarsk-Nakhodka pipeline with a link leading to Daqing. YUKOS, which is expected to be the key exporter under the project, has been supporting the Daqing route, the Russia Journal reported.

© &to=http://www.rbc.com' target=_blank>RBC

Comments
Capital outflow from Russia sets new records
US-led coalition strikes Assad's army in Syria
US-led coalition strikes Assad's army in Syria
US-led coalition strikes Assad's army in Syria
Moving inexorably towards war
USA plays to pretend a mighty dragon that can no longer breathe fire
Indian Origin of Egyptian Civilization
The difference between Polish and Ukrainian nationalism is plain to see
USA plays to pretend a mighty dragon that can no longer breathe fire
USA plays to pretend a mighty dragon that can no longer breathe fire
USA plays to pretend a mighty dragon that can no longer breathe fire
What weapons the USA, Russia and China may use in case of World War III
USA plays to pretend a mighty dragon that can no longer breathe fire
Sanctions do not stop foreign countries from buying Russia's S-400 systems
Mikhail Gorbachev shares his thoughts on nuclear war
Russia unveils nuclear-powered interstellar spaceship
Moving inexorably towards war
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia’s sanctions against Ukraine send message to Washington
World War I: Remembering the fallen, and the war criminals
Sanctions do not stop foreign countries from buying Russia's S-400 systems