China-bound pipeline may start next year
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  • The president of Russia's state-run pipeline company Transneft, Nikolai Tokarev, stated on October 30 that the paving of a China-bound branch line of the 4,000 km long Eastern Siberia-Pacific oil pipeline may start at the end of the first quarter in 2009. While the designing work of the pipeline was completed after coordination between Transneft and the China National Petroleum Corp., Tokarev noted that the construction project has been presented to the concerned department in Russia for appraisal.

    The cost of the project was expected to touch about $600 million dollars. It was also expected to encounter a series of technical difficulties, including the paving of the pipeline going through the bottom of the Amur (Heilong Jiang) River. Current technologies were however expected to ensure the smooth running of the project.

    The 4,000 km-long Eastern Siberia-Pacific oil pipeline plans to link the Siberian city of Taishet near Lake Baikal and Russia's Pacific region via Skovorodino, the midpoint of the entire route. The first phase of the project, the 2,690-km route from Taishet to Skovorodino, is expected to have an annual transport capacity of 30 million tons of oil1.

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