Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak told reporters.
“This initiative comes from the Chinese side, and we are ready to meet this demand. However, implementing this will require certain technological solutions, particularly involving pipeline infrastructure. Specific measures need to be taken in the area of pipeline transportation. I believe Transneft, our oil pipeline operator, will need to develop a detailed list of the necessary steps. We are currently working on that,” Novak said while speaking about the protocol on amendments to the intergovernmental agreement with China approved by the Russian government.
According to the intergovernmental agreement, the priority route for oil supplies to China is the Skovorodino-Mohe pipeline, but the countries can also determine other transportation routes in addition to the volumes along this route to supply refineries in the western part of China. The new changes suggest increasing the permissible volumes of supplies in other directions to 7-12.5 million tons from 7-10 million tons as tass.com reported.
It is also proposed to extend the delivery period to 5-20 years from the previously specified 5-10 years, starting from January 2014.
Novak added that talks are continuing on Chinese companies entering oil and gas production projects in Russia. "A meeting was held recently. We discussed this. Negotiations will continue. Talks are underway regarding all commercial relations, with ongoing contact between the companies. I hope that additional agreements are reached," he said.
Norway's Crown Prince makes a historic visit to Ukraine, showing strong solidarity. His trip includes meetings, memorial visits, and aid program oversight.
EU pushes ahead with its 17th sanctions package against Russia, while preparing even stronger measures. Ukraine-Russia talks may begin soon, following a call between Putin and Trump.
NATO Secretary-General Mark Rutte has emphasized the importance of U.S. involvement in the Ukraine peace efforts while urging consultation with European nations and Ukraine for a balanced approach.
Legendary Russian choreographer Yuri Grigorovich has died at the age of 98. The former Bolshoi Ballet director was hailed as a transformative force in Soviet and Russian ballet.
Russia banned Amnesty International on Monday by classing it as an "undesirable organisation" for backing Ukraine against Russia, drawing a rebuke from the group which said it would redouble efforts to expose Russian human rights abuses.
Prime Minister Keir Starmer has apologised to Plaid Cymru MP Liz Saville Roberts for being "overly rude" during Prime Minister’s Questions last week.
China announced a $500 million contribution to the WHO over five years, stepping in as the UN agency faces a funding shortfall after the U.S. cut support.
Turkmen Foreign Minister Rashid Meredov met Iranian President Masoud Pezeshkian in Tehran to discuss strengthening bilateral relations and advancing cooperation in trade, transport, energy, and regional initiatives.
The North Atlantic right whale’s survival hangs by a thread as this year’s record-low birth numbers sound the alarm on a species racing against extinction.
Spain has been hit by a major mobile network outage just weeks after a massive power blackout disrupted the country. The outage, reportedly caused by network upgrades from telecom provider Telefónica, affected emergency phone services and landline communication in multiple regions.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The EU plans to charge a new €2 fee on billions of small packages, mostly from China, challenging online retailers like Temu and Shein.
Kazakhstan is boosting support for small and medium-sized enterprises (SMEs) to attract European investment and accelerate economic growth.
As President Putin intensifies strikes against civilians in Ukraine, the UK is stepping up pressure with a new package of 100 sanctions, stated the UK Foreign, Commonwealth & Development Office.
China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war.
British company Anglo Asian Mining Plc (AAM), which specializes in the extraction of gold, silver, and copper in Azerbaijan, has commenced production at Gilar, a new gold deposit located within the Gedabek site in the western part of the country.
Prime Minister Keir Starmer has apologised to Plaid Cymru MP Liz Saville Roberts for being "overly rude" during Prime Minister’s Questions last week.
China announced a $500 million contribution to the WHO over five years, stepping in as the UN agency faces a funding shortfall after the U.S. cut support.
Turkmen Foreign Minister Rashid Meredov met Iranian President Masoud Pezeshkian in Tehran to discuss strengthening bilateral relations and advancing cooperation in trade, transport, energy, and regional initiatives.
The North Atlantic right whale’s survival hangs by a thread as this year’s record-low birth numbers sound the alarm on a species racing against extinction.
Spain has been hit by a major mobile network outage just weeks after a massive power blackout disrupted the country. The outage, reportedly caused by network upgrades from telecom provider Telefónica, affected emergency phone services and landline communication in multiple regions.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment