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[cdn-nucl-l] Chine-Russia oil and nuclear partnerships
This partnership is potentially dramatic, while the US industry has spent 20
years, and continues, twiddling its thumbs, begging government for
leadership - the tale of the frogs who wished for a king.
China willing to promote energy cooperation with Russia: Premier
www.chinaview.cn 2004-09-21 21:22:27
BEIJING, Sept. 21 (Xinhuanet) -- China is willing to cooperation with
Russia in oil production and building nuclear power plants, said Chinese
Premier Wen Jiabao during an interview by the Interfax News Agency prior to
his visit to Russia.
He said that it was in the interests of both China and Russia to boost
oil and gas cooperation. The leaders of both sides have reached consensus
and have worked hard to develop a plan for the oil pipeline from Russia's
Angarsk to China's Daqing. China believes the Russian government and
businesses will regard China as a prior destination of the pipeline as China
is the most long-standing and stable oil and gas market to Russia.
Before the pipeline is built, China is willing to strengthen energy
cooperation with Russia in other ways, for instance, expanding Russian oil
exports to China through railway transport.
Russia will be able to export a total of 15 million tons of oil to China
by 2006. Meanwhile, Chinese companies are willing to cooperate with Russian
companies in prospecting, exploiting and developing oil, said Wen.
In addition, Wen noted that nuclear plant construction was another
important field in Sino-Russian energy cooperation. China's present total
installed generating capacity of nuclear power is only 6.7 million
kilowatts. It is expected to reach 8.7 million kilowatts by 2005, which will
be only two percent of China's grossinstalled generating capacity.
China has decided to establish more nuclear power plants and buy
advanced technology and equipment through public bidding, China and Russia
have carried out effective cooperation in the construction of the Tianwan
Nuclear Power Plant in Jiangsu Province.
Wen said he hopes both sides will continue to cooperate to ensure the
Wen left Beijing for Kyrgyzstan and Russia on Tuesday. Enditem