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.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to b...
More than 8,300 participants from 100 countries have gathered in Uzbekistan's capital for the fifth Tashkent International Investment Forum (TIIF-2026...
Seven people have been arrested in Italy over suspected sabotage attacks on high-speed railway lines during the Winter Olympics earlier this year....
Pakistan's heavy reliance on imported energy was laid bare by the U.S.-Iran conflict, which disrupted regional supplies, drove up costs and exposed vu...
Following Armenia’s parliamentary vote, AnewZ spoke to people in Yerevan about the mood in the capital, relations with Azerbaijan and the country’...
The UK has unveiled a major new package of sanctions against Russia, targeting the shadow fleet, military supply chains and financial networks that support the Kremlin's war in Ukraine.
Russian sailors aboard a naval frigate fired warning shots at a civilian yacht in the English Channel on Tuesday after the vessel reportedly came too close, according to a source familiar with the incident.
Türkiye’s Foreign Minister Hakan Fidan has warned against actions in the Black Sea that could threaten regional stability, saying he raised the issue directly with Russia during talks in Moscow.
An exiled Russian artist has been shot dead in Poland days after he carried out a one-man protest against Vladimir Putin, featuring a caricature of the Russian President as a baby held by the Soviet-era dictator Joseph Stalin.
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
Ukrainian President Volodymyr Zelenskyy said he spoke with U.S. President Donald Trump on Sunday, 14 June about efforts to end Russia's war in Ukraine, as world leaders prepare to gather for the G7 summit in France.
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, signaling further weakness in the world’s second-largest economy.
Macao opened the 17th International Infrastructure Investment and Construction Forum on Thursday, with officials and industry leaders highlighting the role of green and digital technologies in strengthening global infrastructure connectivity.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment