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Thursday, June 09, 2005

Export of Russian Oil to China to Rise 1.5 Times - Chinese Oil Chief

Photo: AFP09.06.2005 14:25 MSK MosNews -
Export of Russian oil to China in 2006 will be 1.5 times bigger than in 2005, the president of China National Petroleum Corporation, Chen Geng, said on Thursday. Speaking at the second Russian-Chinese Investment Forum in St. Petersburg, he said the export of Russian oil to China in 2005 will be over 10 million tons. In 2006, it will rise up to 15 million. "The tendency for the rise of Russian oil exports will remain in the future," he said.

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