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Russia's pipeline operator opposes changes in oil traffic flows to China

June 11, 2015, 15:33 UTC+3
The Chinese side suggests changing the flow and dispatching just 20 mln tonnes, instead of 30 mln tonnes, using the Skovorodino-Mohe branch pipeline
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© ITAR-TASS/Grigory Sysoyev

MOSCOW, June 11. /TASS/. Russia's Transneft objects to changes in oil traffic flows to China fixed in Sino-Russian intergovernmental agreements, the official spokesman of the pipeline operator Igor Dyomin said on Thursday.

"We presented our position during negotiations with Rosneft and PetroChina, where we indicated that the change in freight flows related to reduction of the planned level of supplies through China’s Mohe from 30 to 20 mln tonnes a year will entail the need of revising the investment program and freezing huge amounts of funds already invested into the expansion of the branch pipeline to China from Russia’s Skovorodino," Dyomin said.

From 80 mln tonnes per year to be exported over the Eastern Corridor, 30 mln tonnes was expected to be supplied to China using the Skovorodino-Mohe branch pipeline and 50 mln tonnes from Kozmino port, Dyomin added.

The Chinese side suggests changing the flow and dispatching just 20 mln tonnes over the branch pipeline, Transneft’s spokesperson said.

The Chinese partners endorsed the increase of oil supplies through Mohe by 400,000 tonnes up to 16 mln tonnes in 2015, Dyomin said.

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