|
Deals pave way for closer Sino-Russian links
By Hu Qihua (China Daily)
Updated: 2005-07-02 01:30 MOSCOW: China and Russia on Friday signed
bilateral deals on energy, electricity and finance, paving the way for increased
"mutually advantageous" co-operation.
 |
| President Hu Jintao talks with Russian President Vladimir Putin as
they meets in Moscow, July 1, 2005.
[Xinhua] | "I'm pleased with the success that we
achieved in various fields," said visiting President Hu Jintao, after nearly
two-hours of talks with his Russian counterpart Vladimir Putin.
A protocol was signed on an oil-field co-operation between Russia's Rosneft
oil company and the China National Petrochemical Corporation (Sinopec), together
with a framework agreement on long-term co-operation between the Russian firm
and China National Petroleum Corporation (CNPC).
CNPC President Chen Geng said the agreement with Rosneft covers technology
and information exchanges.
"Both sides are confident that in 2006, Russia's promised oil deliveries of
15 million tons will be achieved," he said.
Sinopec President Chen Tonghai told China Daily that the agreement, the first
of its kind between the two sides, marks a good start for the two companies on
oil and gas exploration.
According to the protocol, the companies will discuss the possibility of
joint exploration of a 5,300 square kilometre oil field in the Far East.
Chen also refuted claims that China's energy policy is "too aggressive"
saying the country is just a "late-comer" to overseas energy co-operation.
|
 | | | Three Gorges dam opens to public | | |  | | | HK marks 8th anniversary of return | | |  | | | Chinese, Russian presidents meet | | |
|
 |
|
|
|
|
Today's
Top News |
|
|
|
Top China
News |
|
|
|
|
|
|
|
|
|
