Second
stage of Siberia-Pacific pipeline faces delay: ministry
AFP
MOSCOW
Petroleumworld.com
04 11 07
Construction of the second stage of the Siberia-Pacific
pipeline, which will carry Siberian oil to Asia, could be delayed by up to four
years, an official with the Russian natural resources ministry said Tuesday.
"At the moment, because of a delay in the growth of (oil) reserves, the
start of construction on the second part of the pipeline could be pushed back
by three to four years in the best of circumstances," Sergei Fedorov, head
of the ministry's oilfield explotation department, said in a report carried by
the Ria Novosti news agency.
The line will carry Russian oil to the Asia-Pacific region, and Japan in particular.
China has also been pressing Moscow to approve a branch that would supply the
Chinese market.
The 2,000-kilometer (1,250-mile) first stage linking Irkutsk in southern Siberia
with the Amur region near the Chinese border is expected to be operational next
year and capable of carrying around 30 million tonnes of oil a year. Construction
began 12 months ago.
The second stage will connect the Amur region and the Pacific coast.
With the completion of the second phase of the project, the pipeline will reach
a length of 4,000 kilometers and will be able to carry up to 80 million tonnes
of Siberian oil a year.
AFP 10 1701 GMT 04 07
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