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Sat 27 Jan 2007 12:00 AM

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Oil to flow via pipeline to China

Russia has launched an ecological assessment of the construction of a section of the Siberia-Pacific oil pipeline, which will run to neighbouring China

Russia has launched an ecological assessment of the construction of a section of the Siberia-Pacific oil pipeline, which will run to neighbouring China.

China so far receives Russian oil by rail only. The energy-hungry economy will be able to import more crude from Russia when state oil pipeline monopoly Transneft completes its ambitious ESPO pipeline project.

The pipeline is slated to pump up to 1.6 million barrels per day of crude from Siberia to Russia's Far East, of which about 605,000 bbl/d will then be sent on to China and the Asia-Pacific region via the offshoot.

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