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2009 April 21   09:31

ESPO branch to China could be finished ahead of schedule - Sechin

The construction of a branch from the East Siberia - Pacific Ocean oil pipeline to China   than   late   2010   -   the   deadline,   documented   in  an intergovernmental agreement, Deputy Prime Minister Igor Sechin said according to Interfax. could be finished earlier

The  intergovernmental  agreement, signed on Tuesday, says that the construction of the branch must begin in late April 2009 and end in late 2010.

"This  work  is  to  be  finished  in 2010. I think, the efficiency typical  of  our cooperation with China, will makes itself felt here and the pace of construction will be faster," Sechin said.

Transneft  (RTS:  TRNF),  the  operator  of the construction of the Russian  stretch  of  the  pipeline,  has  started  building  the branch already, he said. The physical construction of the pipeline is underway.

The work  is  continuing to build a pumping facility near Skovorodino. A reservoir park and workers' towns are being built," Sechin said.

Concurrently,  Russia  is  busy  finishing  the construction of the first phase  of  the  ESPO  pipeline.  Transneft "has yet to weld up a 6 kilometer-long stretch," he said.

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