Monday, January 31, 2005
Russian Railways Lobby Alternative Eastern Oil Route
Yukos Heirs:
Although Prime Minister Mikhail Fradkov issued orders in late December to prepare for building an oil pipeline from Eastern Siberia to the Pacific coast, Russian Railways Co. (RZhD) and the Ministry of Economic Development and Trade (MEDT) are drawing an alternative business plan. They intend to organize oil exports by rail: both to China and to the Pacific Ocean.
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