China seeks to secure more oil from Russia, Kazakhstan

Chinese President Hu Jintao recently visited Russia and Kazakhstan aiming to secure access to greater supplies of crude oil and natural gas from his country’s two neighbors.Russia’s proposed pipeline from Taishet in Eastern Siberia to Nakhodkha on the Pacific Coast was high on Hu’s agenda while in Moscow.Construction of the first section of the line-from Taishet in Eastern Siberia to Skovordino near the Chinese border-is scheduled to begin in 2008 (OGJ Online, Apr. 27, 2005).Ahead of Hu’s visit, Deputy Chinese Foreign Minister Li Huei said, “The leaders of the two countries have already reached an agreement in principle for the construction of an oil pipeline...

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