Russia cuts oil output by 200,000 barrels a dayBusiness & Economy March 30, 8:09
Russian historical epic Viking to be released in Italy, UKSociety & Culture March 30, 2:11
Putin visits ice cave during Arctic tourSociety & Culture March 30, 0:02
Moscow slams West’s reaction to Russian protests as part of long-planned campaignRussian Politics & Diplomacy March 29, 23:56
Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticMilitary & Defense March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Molodtsov said, that Russia sees no risks and dangers for the projects on increased oil supplies to China not to be implemented in time.
In June, China National Petroleum Corporation (CNPC) failed to confirm the plans to increase the imports of Russian oil in 2014 under the new contract with state-owned oil giant Rosneft up to 2 million tonnes.The Chinese side has so far said it plans to import only 600,000 tonnes out of the 2 million tonnes, envisaged by the contract.
Russian Deputy Prime Minister Arkady Dvorkovich said Rosneft is continuing consultations with CNPC to increase Russian oil supplies to China to 2 million tonnes this year.
In June 2013, Rosneft signed a $270 billion deal with CNPC to supply about 360 million metric tonnes of crude to China over 25 years.
Western sanctions imposed on Moscow over Russia’s stance on the Ukrainian crisis include a ban on supplies of high-tech equipment for shelf, Arctic and shale hydrocarbons exploration and development to the country.