Source Pravda.Ru

Two billion dollars will be invested in the construction of Russia-China oil pipeline

Two billion dollars will be invested in the construction of the Russia-China oil pipeline. This decision was taken in Samara at a joint session of the committee for the project's feasibility study. Nikolai Stepanchenko, the head of the press service of the Samaraneftegaz company, a member of the YUKOS oil holding, said in a RIA Novosti interview. According to Nikolai Stepanchenko, the project will be financed by the companies participating in this project - YUKOS, Transneft and the Chinese oil and gas company.

The construction of the oil pipeline between Russia and China will start in 2003 and will be completed in 2005.

In 2005-2009, 20 million tons of oil will be annually pumped from the deposits in the Republic of Sakha, Western and Eastern Siberia. According to the agreement between the sides, the YUKOS company will deliver half of this amount. Even if other Russian companies refuse to take part in the project, YUKOS, according to Nikolai Stepanchenko, will be able to ensure in full this amount of oil.

In 2010, it is envisaged to double the oil deliveries under this project.

©

&to=http://www.yukos.com/main.asp' target=_blank>YUKOS

Comments
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Russian politician says Donald Trump extremely dangerous for Russia
North Korea says Trump makes first step towards nuclear war
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Should Russian athletes go to non-Olympic Games in South Korea?
Indian Origin of Egyptian Civilization
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Why did the USSR lose the Moon race?
US military men depressed over of Russia's new T-5000 sniper rifle
Russia to counter Boeing's Х37В with top secret MiG-41 project
Should Russian athletes go to non-Olympic Games in South Korea?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Donbass without militia will be worse than Srebrenica - Putin
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Should Russian athletes go to non-Olympic Games in South Korea?
Should Russian athletes go to non-Olympic Games in South Korea?
Putin: Russia will continue spending enough on defence not to be killed