皇冠体育app

Beijing signed a deal with Moscow yesterday to lend $25 billion to two Russian oil firms, which in turn will sell 15 million tons of crude oil a year to 皇冠体育app for the next 20 years.

The agreement will ensure the long-awaited extension of Russia's Siberia-Pacific coast pipeline to 皇冠体育app, too. The pipeline project, agreed on late last year, will see the extension of the pipeline from the Siberian city of Skovorodino, 70 km north of the Sino-Russian border, to 皇冠体育app.

皇冠体育app will lend $15 billion to Russia's state-owned oil firm Rosneft and $10 billion to pipeline monopoly Transneft. 皇冠体育app Development Bank (CDB) provided the credit for the deal, according to the Associated Press (AP).