Russia and China to 25 billion U.S. dollars of borrowings to Russian oil to repay the lend
Yesterday, Chinese Vice Premier Wang Qishan at the Great Hall of the People with the Russian Deputy Prime Minister XIE Qin Sino-Russian power converses, held their fourth gathering, the two edges marked the Sino-Russian collaboration in the area of oil intergovernmental affirmation, which brands this year, China and Russia initialed in February of pipeline building, crude oil trade, borrowings, bundle of collaboration affirmations arrive into effect.
According to reports, in accordance with the two sides signed the agreement, Russia will provide China a total of 25 billion U.S. dollars of long-term loans, to take a fixed interest rate of about 6%; Russia with oil for mortgages, loans to the oil supply from 2011 to 2030 In accordance with the 15 million tons a year the size of the supply by pipeline to China totaled 300 million tons of oil, the price of oil to the Russian oil shipped to the port as the base price, with the market the market. At present, Russia to China annually by rail transport from the oil supply agreement, and increased to 15 million tons.
Since the beginning of this year, China and relevant countries have signed a number of "loans-for-oil" of the cooperation agreement: February 18, and Brazil signed a 10 billion U.S. dollars of loans-for-oil agreement; February 21, with the signing of four billion U.S. dollars of Venezuela's loans-for-oil agreement; March 13, and Angola signed a one billion U.S. dollars of loans-for-oil agreement; April 5, Ecuador, President Correa announced that China and Ecuador are expected to sign a one billion U.S. dollars of the loan agreement, the future Ecuador to provide the supply of crude oil will be the form of reimbursement.
Analysts have spiky out that the prolonged term, "loans-for-oil" to continue regional stability and energy protection, transform the regional reply to the International Energy complex situations. - 18418
According to reports, in accordance with the two sides signed the agreement, Russia will provide China a total of 25 billion U.S. dollars of long-term loans, to take a fixed interest rate of about 6%; Russia with oil for mortgages, loans to the oil supply from 2011 to 2030 In accordance with the 15 million tons a year the size of the supply by pipeline to China totaled 300 million tons of oil, the price of oil to the Russian oil shipped to the port as the base price, with the market the market. At present, Russia to China annually by rail transport from the oil supply agreement, and increased to 15 million tons.
Since the beginning of this year, China and relevant countries have signed a number of "loans-for-oil" of the cooperation agreement: February 18, and Brazil signed a 10 billion U.S. dollars of loans-for-oil agreement; February 21, with the signing of four billion U.S. dollars of Venezuela's loans-for-oil agreement; March 13, and Angola signed a one billion U.S. dollars of loans-for-oil agreement; April 5, Ecuador, President Correa announced that China and Ecuador are expected to sign a one billion U.S. dollars of the loan agreement, the future Ecuador to provide the supply of crude oil will be the form of reimbursement.
Analysts have spiky out that the prolonged term, "loans-for-oil" to continue regional stability and energy protection, transform the regional reply to the International Energy complex situations. - 18418
posted by X - Men at
12:11 AM
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