Russian State Duma (lower house) has voted to approve in April this year by both Russia and China signed the "Sino-Russian cooperation in the field of oil intergovernmental agreement" that Russia will in the next 20 years, China's annual output to 15 million tons crude oil. A French media said that China is committed to ensuring that the supply of oil to meet the needs of rapid economic development.
Under the agreement, China and Russia will jointly build and operate a road connecting Russia and China Skovorodino Daqing oil pipeline, the pipeline is expected to put into operation in 2010. Upon completion, the Russian side in the next 20 years, China's annual output to 15 million tons of crude oil.
Jul. 6, 2009
