Yukos pushing the China pipeline

Oct 25, 1999 02:00 AM

Russian oil company Yukos plans to prepare a feasibility study for an oil pipeline from Tomsk Region to China by March 2000, Yukos chief Mikhail Khodorkovskiy told. According to preliminary calculations, the project will cost $ 1 bn - $ 3 bn, depending on the route. The pipeline will have a capacity of 2 m-5 mm tpy and will take 2-3 years to construct, he said.
Yukos is currently considering possible partners for the project, in particular China National Petroleum Corporation. Khodorkovskiy noted that if China is not interested in participating in the pipeline project, Yukos will finance the project itself. It is necessary to find new sales markets and the East, particularly China, will allow Yukos to do this.

Source: IINX via Iinoil
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« September 2018 »
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events