China and Russia signed a loan for us $ 6 billion "coal" agreement

The next 25 years, China's first five years will be imported from Russia at least 15 million tons of coal, after 20 years increased to at least 20 million tons

【 Choi new network 】 (integrated media) on 31 August, China and Russia in Blago Blagoveshchensk energy cooperation agreement was signed. The next 25 years, China's first five years will be imported from Russia at least 15 million tons of coal, after 20 years will increase to at least 20 million tons. To do this, China will provide to Russia for a total of 60 billion dollars in loans.

China coal transportation Association-sponsored network of China's coal market yesterday (7 September) announced the news. Under the agreement, Russia will establish joint venture to develop Russia Amur River (Heilongjiang) region of coal resources. Loans subject to mining of mineral resources, the project will also be put into the construction of railways, highways and other coal transportation corridor, the purchase of mineral mining equipment. In prospecting, mineral processing and infrastructure areas, Russia will cooperate with China Shenhua group. And Russia have also agreed to jointly develop the coal oil technology.

According to a Reuters report, Russia energy spokesman esimov Popova (IrinaYesipova) said yesterday, it was not determined what Russia mine will participate in the supply agreement.

September 21-22 October-Russia Ministerial energy talks will be held in Beijing, when the two sides will also discuss Russia's natural gas exports.

Prior to February 17, 2009, China and Russia held in Beijing in the third energy dialogue on "loans-for-oil" has signed the agreement. China will provide to Russia's total 250 million long-term loan, take about 6% of the fixed interest rate; Russia from 2011 to 2030, according to the 15 million tons per year to China through the pipeline to supply a total of 3 million tons of oil, the price of oil to anahola-card port prices, is subject to market fluctuation. At the same time, Russia to China by rail transportation of oil supply is not affected by the agreement and increased to 15 million tons.