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Latest Business News

Report: Russia Mulls China Pipeline Branch

Monday, November 07, 2005 7:49:26 AM

MOSCOW (AP) - Russia is working on a feasibility study for a pipeline to China, Energy and Industry Minister Viktor Khristenko said in an interview published Monday.

Khristenko told Profil magazine the planned Siberia-Pacific Coast pipeline was a "pragmatic" project and said a branch to China would not leave out Japan, which originally appeared slated to be the main customer for the oil.

Russia is in the process of deciding whether to send crude to China from yet-to-be-developed fields in eastern Siberia via a branch of a planned Siberia-Pacific coast pipeline. Japan is concerned that in the course of construction the Chinese branch could take priority.


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