Russia to supply oil to China

In October Rosneft sold China 650 thousand of tons of technological oil by market price. Its supplies are planned in three months. Head of Rosneft Eduard Khudajnatov informed that the oil would go by the pipeline “Skovorodino-Mohe” that is the branch of pipeline system “Eastern Siberia – Pacific Ocean”. He underlined that all the volume of oil will be sent to China by market prices, no discounts are foreseen. According to him, 15 millions of tons of oil will be supplied annually to China from Eastern Siberia, in particular from Ivanovskij minefield.