Learn Chinese - Crude import up 50% via railways

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Crude import up 50% via railways

www.chinanews.cn 2005-02-20 20:10:58

��Source��Xinhua��

Feb. 20 - China imported some 7.95 million tons of crude oil by train
last year, a year-on-year rise of 50 percent, according to the latest
information from the Chinese Ministry of Railways.
To increase imports via rail, the ministry and the Russian Railways Ltd.
Co. signed a summary of negotiations for further cooperation last
November. Both sides agreed to work together and create more border
checkpoints.
In accordance with the agreement, crude exports by train from Russia to
China will be 10 million tons this year and increase to 15 million tons
next year.
In the meantime, the Chinese ministry also signed another agreement
concerning cooperation in railway transport with the departments of
transportation and telecommunications of Kazakhstan, bordering China at
the Xinjiang Uygur Autonomous Region

          ��China's crude oil output in coastal waters can increase 19%
(2005-02-16)
          ��China's crude oil and refined oil exports decreased
(2005-02-16)
          ��China finds more oil and natural gas reserves (2005-02-13)
          ��CNOOC' crude oil output expected up 19% (2005-02-04)
          ��China's crude oil import hits record high in 2004 (2005-02-04)
          ��Russian minister pledged to build oil pipeline to China
(2005-02-02)
          ��CNPC to spend 6b USD on Russian crude oil (2005-01-31)
          ��Breakthrough in China's oil extraction technology (2005-01-26)
          ��Sinopec enters the U.S. oil market (2005-01-25)
          ��New breakthrough in coal-to-oil core technology (2005-01-24)

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