China-Rus­sia oil pipe­line fu­els trade

Huge ca­pac­ity of link to en­hance en­ergy se­cu­rity, cut costs

China Daily (USA) - - Q&A WITH CEO - Con­tact the writ­ers at zhangyu1@chi­nadaily.com. cn and lvchang@chi­nadaily. com.cn Con­tact the writ­ers at zhangyu1@chi­nadaily.com.cn and lvchang@chi­nadaily.com.cn

China-Rus­sia crude oil pipe­line started re­cently in north­east­ern China’s Hei­longjiang prov­ince, a move that ex­pands the ca­pa­bil­ity for oil trans­porta­tion from Rus­sia to China.

The pipe­line, travers­ing the China-Rus­sia border, is 940 km in length and 813 mm in di­am­e­ter, with a ca­pac­ity to trans­port 15 mil­lion tons of crude oil an­nu­ally, ac­cord­ing to China Na­tional Petroleum Cor­po­ra­tion.

The Chi­nese sec­tion of the pipe­line starts from the border city of Mohe in Hei­longjiang, runs south­ward through the In­ner Mon­go­lia au­ton­o­mous re­gion and ends at Daqing in­Hei­longjiang.

The pipe­line is ex­pected to be put into op­er­a­tion at the be­gin­ning of 2018.

It will run par­al­lel to an ex­ist­ing pipe­line — the first China-Rus­sia crude oil pipe­line that was put into use in 2011, which can also trans­port 15 mil­lion tons of oil each year.

Ac­cord­ing to the CNPC Eco­nomics& Tech­nol­ogy Re­search In­sti­tute, China im­ported 328 mil­lion tons of oil last year.

In 2015, Rus­sia ex­ported 41.04 mil­lion tons of crude oil to China, mak­ing China the coun­try’s largest oil im­porter, Rus­sian me­dia re­ported.

That means more than 12.5 per­cent of crude oil China im­ported last year was from Rus­sia.

China and Rus­sia signed a co­op­er­a­tion agree­ment on ex­pand­ing bi­lat­eral trade in crude oil in 2013.

Fol­low­ing the agree­ment, CNPC signed a trade con­tract with Ros­neft, Rus­sia’s largest oil pro­ducer, to ex­pand the sup­ply of oil for China.

Buildin­ganew­pipeline is­the main­ac­tio­nun­derthe con­tract.

GUO JUNFENG / FOR CHINA DAILY

Two China Na­tional Petroleum Corp em­ploy­ees col­lect crude oil trans­ported from Rus­sia at the valve cham­ber in Daqing, Hei­longjiang prov­ince.

GUO JUNFENG / FOR CHINA DAILY

the an­nual crude oil trans­porta­tion ca­pac­ity of the sec­ond China Rus­sia oil pipe­line Two China Na­tional Petroleum Corp em­ploy­ees col­lect crude oil trans­ported from Rus­sia at the valve cham­ber in Daqing, Hei­longjiang prov­ince.

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