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21

China and Russia Close to Pipeline Construction Completion

Construction of the first Russia-China oil pipeline is going well and is expected to be completed by next year

Construction of the first Russia-China oil pipeline is expected to be completed by next year.

The pipeline will initially supply China 10 million tons annually. It will gradually increase to 30 million tons a year.

The feasibility of three more gas pipelines from Russia to China is also being discussed, said Li Guoyu, an expert with the China National Petroleum Corporation.