Russia plans pipeline to speed oil feed to China
Russia will start construction on a $1.34 billion oil pipeline link this week, in order to speed up its delivery of crude supplies to China.
Russian oil pipeline monopoly Transneft's Purpe-Samotlor pipeline is the latest in a line of new links the energy giant has created to help meet China's growing energy consumption and oil importation requirements.
It is scheduled to come on stream in 2012 and will initially carry 25 million tonnes a year of oil. The company forecasts capacity to double in future.
"China is anxious to make sure it
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