The pipeline runs between eastern Siberia and north-eastern China |
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Saturday, January 1, 2011
CHINA & RUSSIA: Russia-China oil pipeline opens
1 January 2011 Last updated at 23:56 ET
The first oil pipeline linking the world's biggest oil producer, Russia, and the world's biggest consumer of energy, China, has begun operating.
The pipeline, running between Siberia and the northeastern Chinese city of Daqing, will allow a rapid increase in oil exports between the two countries.
Until now, Russian oil has been transported to China by rail.
Concentrated in western Siberia, Russia's network of pipelines for oil exports has so far run towards Europe.
Russia is expected to export 15m tonnes of oil through the new pipeline each year during the next two decades - about 300,000 barrels a day.
CHINA: China’s Naval Ambitions
January 1, 2011
Beijing’s drive to extend its military and territorial reach is making America’s close allies in the region nervous and raising legitimate questions about American diplomacy and future military procurement. The commander of America’s Pacific forces recently revealed that China could soon deploy a ballistic missile capable of threatening American aircraft carriers in the region.
The Pentagon has a long history of hyping the Chinese threat to justify expensive weapons purchases, and sinking well-defended ships with ballistic missiles is notoriously hard. But what should rightly concern American military planners is not so much the missile but the new Chinese naval strategy behind it.
China seems increasingly intent on challenging United States naval supremacy in the Western Pacific. At the same time it is aggressively pressing its claims to disputed offshore islands in the East and South China Seas. Washington must respond, carefully but firmly...
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