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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Frank Pembleton who wrote (92460)7/18/2001 7:31:51 AM
From: Frank Pembleton  Read Replies (1) of 95453
 
Russia, China Study $1.7Bln Oil Link

By Anna Raff
Staff Writer

Russia and China signed an agreement Tuesday that clears the way for a feasibility study on an oil pipeline linking the two countries.

In addition, Gazprom will be allowed to participate in a tender for the construction of a gas pipeline to China.

The 1,700-kilometer oil link, which has been under discussion for more than two years, is to be built by 2005 and would carry up to 30 million tons a year, or 219 million barrels.

themoscowtimes.com
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