Pipeliners

RBC, 28.10.2008, Moscow 15:43:06.Transneft and the China National Petroleum Corporation (CNPC) have signed an agreement on the construction and use of an oil pipeline that is expected to stretch from the Russian town of Skovorodino situated in the Amur region to the Chinese border. The document was signed by Transneft President Nikolai Tokarev and head of CNPC Jiang Jiemin following a regular meeting between Russian Prime Minister Vladimir Putin and his Chinese counterpart Wen Jiabao. The project provides for the construction of a 67-kilometer extension of the Eastern Siberia-Pacific Ocean (ESPO) pipeline. Transneft and CNPC have already prepared the necessary project documentation and submitted it to the Russian government.