Source Pravda.Ru

Analysts positive about increased YUKOS cooperation with China

It seems that the Chinese direction will become one of the key directions for YUKOS exports in the future. According to analysts, YUKOS is making the right steps aimed at broadening its oil supplies to China, since economic growth in this country is forecasted to be one of the highest in the world, which means accelerated consumption of energy resources.

YUKOS is planning to reach a level of oil production of 100m tons a year and some 15 percent of this oil output is planned to be exported to China, which is a pretty large level for supplies in one direction, analysts think.

YUKOS is planning to sell 15m tons of oil annually to the China National Petroleum Corp. (CNPC) and Sinopec. Representatives of these companies will arrive in Moscow this week to negotiate a 7-year contract on oil supplies with YUKOS. According to Sergey Prisyazhnyuk, the director of the YUKOS office in China, the company is working out a 7-year contract that envisages 10m tons of annual oil supplies to the CNPC and 5m tons to Sinopec. The contract is to be signed by the end of the year.

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

My article The True Judas discussed the theory that Judas's actions in betraying Jesus were motivated by a misunderstanding of Christ's mission and purpose.

America's judases, part two: Gladys Knight

The United Kingdom stands fatally divided between nations, regions, generations, on the edge of a critical fault line which threatens the future of the Union.

Brexit: UK caught between the past and the future

The United Kingdom stands fatally divided between nations, regions, generations, on the edge of a critical fault line which threatens the future of the Union.

Brexit: UK caught between the past and the future
Comments
Americans, never give up your guns
Homosexuality and the Decline in American Values
Russian bomber crashes in Novgorod region
America's judases, part two: Gladys Knight
WaPo's Distorted Year in Review
Brexit: UK caught between the past and the future
Two Su-34 fighters touch wings in midair and crash into the sea in Russia's Far East
Dumped by the Trump that Americans Deserved
The Russians will soon wake up to lose two Kuril Islands to Japan
The Russians will soon wake up to lose two Kuril Islands to Japan
The scandal of skewed reporting
The scandal of skewed reporting
US Economic War on China
Russia's 2018: Confidence in Putin gone
Brexit: UK caught between the past and the future
Russian Foreign Ministry on Syria, Ukraine, and Phony US Election Meddling
Russian Foreign Ministry on Syria, Ukraine, and Phony US Election Meddling
Russian Foreign Ministry on Syria, Ukraine, and Phony US Election Meddling
Russian Foreign Ministry on Syria, Ukraine, and Phony US Election Meddling
Russian Foreign Ministry on Syria, Ukraine, and Phony US Election Meddling
Russia's Status-6 'doomsday weapon' nullifies all of American military projects