China will take the first delivery of exported crude oil via East Siberia - Pacific Ocean Pipeline (ESPO) on Nov. 2, 2010, the Customs Administration of People's Republic of China (PRC) said today, RBC reports citing Reuters.
In November-December this year about 600,000 tons of process oil will be pumped through the pipeline, the report said. Commercial deliveries of crude oil to China via the new pipeline are scheduled to begin on January 1, 2011. The trunk pipeline is designed to ensure the transportation of Russian oil to the Chinese city of Daqing in the amount of 15 million tons of crude oil a year. In the next twenty years about 300 million tons are projected to be supplied to China.
In mid-June 2010, China completed construction of its section of the ESPO pipeline system, ready to take deliveries of Russia's crude oil. The Russian part of the pipeline was launched in late August this year.
Russian President Dmitry Medvedev and President Hu Jintao announced the completion of Russian-Chinese oil pipeline on September 27, 2010 in Beijing.
JSC Transneft started construction of the Russia-China oil pipeline on April 27, 2009 in accordance with the intergovernmental agreement on cooperation in oil industry, signed on 21 April 2009 in Beijing. The company built 64 km of the pipeline, main pumping station, oil acceptance facility with a lab, as well as underwater part of the main oil pipeline across the River Amur.
In mid-June 2010, China completed construction of its section of the ESPO pipeline system, ready to take deliveries of Russia's crude oil. The Russian part of the pipeline was launched in late August this year.
Russian President Dmitry Medvedev and President Hu Jintao announced the completion of Russian-Chinese oil pipeline on September 27, 2010 in Beijing.
JSC Transneft started construction of the Russia-China oil pipeline on April 27, 2009 in accordance with the intergovernmental agreement on cooperation in oil industry, signed on 21 April 2009 in Beijing. The company built 64 km of the pipeline, main pumping station, oil acceptance facility with a lab, as well as underwater part of the main oil pipeline across the River Amur.