3 Updates

Russia to boost crude supply to China

Feb 19 2013, 2:22pm CST | by

Beijing, Feb 20 (IANS/RIA Novosti) Russian state-owned oil giant Rosneft has agreed to boost crude supplies to China, a spokesperson of the company said.

Beijing, Feb 20 (IANS/RIA Novosti) Russian state-owned oil giant Rosneft has agreed to boost crude supplies to China, a spokesperson of the company said. The deal concludes a three-day visit by...

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"This is the third midstream energy infrastructure project in which we have partnered with Anadarko Petroleum Corporation and its affiliates. Anadarko is a strategic partner that has made significant volume dedications to our facilities, including NGLs to our fractionation complex at Mont Belvieu."


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17 weeks ago

Russia to boost crude supply to China

Feb 19 2013, 2:22pm CST | by

Beijing, Feb 20 (IANS/RIA Novosti) Russian state-owned oil giant Rosneft has agreed to boost crude supplies to China, a spokesperson of the company said.

Beijing, Feb 20 (IANS/RIA Novosti) Russian state-owned oil giant Rosneft has agreed to boost crude supplies to China, a spokesperson of the company said.

The deal concludes a three-day visit by Rosneft President Igor Sechin to China.

Rosneft spokesperson Vladimir Tyulin, however, did not specify the amounts involved or delivery routes.

Rosneft and oil pipeline monopoly Transneft currently deliver 15 million tonnes of crude to China annually via a Russia-China branch of the East Siberia - Pacific Ocean pipeline under a deal signed in 2009. Deliveries started in 2011.

In return for long-term crude supplies, Rosneft received $15 billion and Transneft $10 billion in loans from Chinese banks in 2009.

-- IANS/RIA Novosti

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IANS

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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