Talks start on use of Russia-China oil line

Feb. 16, 2006
Rosneft has begun negotiations with Kazakhstan's KazMunaiGaz and KazTransOil, China National Petroleum Corp., and Russia's Transneft on using the recently completed Atasu-Alaskhankou pipeline to supply China with crude oil.

Eric Watkins
Senior Correspondent

LOS ANGELES, Feb. 16 -- Rosneft has begun negotiations with Kazakhstan's KazMunaiGaz and KazTransOil, China National Petroleum Corp., and Russia's Transneft on using the recently completed Atasu-Alaskhankou pipeline to supply China with crude oil.

Rosneft Pres. Sergei Bogdanchikov confirmed that talks had started. He said the main point to be decided is priority of access to pipeline capacity.

CNPC and Kazakhstan's National Petroleum & Natural Gas Co. completed construction of the 1,000-km pipeline last November. Line fill began in December (OGJ Online, Dec. 15, 2005).

Contact Eric Watkins at [email protected].