China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1816)	12/8/2003 12:45:25 PM
From: RealMuLan	Read Replies (1) of 6370

Russian gas flows smoothly into China www.chinaview.cn 2003-12-08 09:51:12 BEIJING, Dec. 8 (Xinhuanet) -- Although a decision on the proposed Sino-Russian crude pipeline plan is still winding its way through various twists and turns, the parallel gas trunkline linking the two countries will proceed much more smoothly, suggest experts. "The gas pipeline is less politically sensitive, and it is economically logical for Russia," Daniel Yergin, chairman of US-based Cambridge Energy Research Associates, told China Business Weekly. Yergin is a renowned authority on international politics and energy. Rusia-Petroleum, led by BP, signed a preliminary deal on November 15 with China National Petroleum Corp (CNPC) and Kogas of the Republic of Korea (ROK) to supply Siberian gas beginning in 2008. Russia-Petroleum controls the Kovykta gas field in East Siberia. news.xinhuanet.com

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