Last month, CIC posted a return of 11.7 percent on its overseas investment in 2010.

Russia may turn off oil pipeline to China over pricing disputes

俄羅斯石油輸送公司或終止向中國(guó)出口原油

Russian oil pipeline company Transneft is considering halting oil shipments to China and repaying US$10 billion of loans to China National Petroleum Corporation (CNPC), citing difficulty reaching an agreement on oil pricing issues, Caijing.com reported Tuesday, citing Russian media.

In February 2009, CNPC signed an agreement with Russian oil companies Rosneft and Transneft to lend the firms US$25 billion to build an East Siberia-Pacific Ocean (ESPO) oil pipeline. In return, the Russian companies would supply CNPC with 300 million tons of crude oil over 20 years.

The ESPO pipeline began operating in January. But according to the Russian media, the Chinese have been requiring lower and lower oil prices and paying far less than the contract price to the Russian companies. As a result, Transneft has prepared to turn off the oil pipeline and stop shipping crude to China.

"It makes no difference to us whether we sell the oil to European or Asian countries," Caixin.com quoted a person familiar with the China-Russia oil venture as saying.

"Even if Russian oil pipeline companies file an arbitration claim, the Chinese side could still choose not to act as the court rules and continue to default on payments. In the worst case scenario, Russia could stop exporting oil to China sometime in March 2012," the source added.

由于一直難于就石油輸送定價(jià)費(fèi)用問(wèn)題達(dá)成協(xié)議，俄羅斯石油輸送公司可能將提前償還中國(guó)的100多億美元貸款，財(cái)經(jīng)網(wǎng)周二報(bào)道，引用俄媒體消息。

2009年俄石油公司和石油運(yùn)輸公司與中石油集團(tuán)簽署協(xié)議，俄在未來(lái)20年里通過(guò)東西伯利亞-太平洋管線(xiàn)向中國(guó)出口3億噸石油，中國(guó)則向兩公司提供20年的250億美元貸款。

俄羅斯今年1月1日開(kāi)始向中國(guó)出口石油，但由于在價(jià)格方面存在分歧，中方一直拖欠相關(guān)款項(xiàng)。隨著中國(guó)拖欠的款項(xiàng)越來(lái)越多，俄羅斯石油運(yùn)輸公司已經(jīng)準(zhǔn)備“關(guān)閉石油管道”，停止向中國(guó)輸送石油。

“對(duì)于我們來(lái)說(shuō)，石油賣(mài)給歐洲或者賣(mài)給東方?jīng)]什么不同。”一位熟悉俄中石油合作進(jìn)程的消息人士稱(chēng)。

“如果俄羅斯石油運(yùn)輸公司向仲裁法庭提出申訴，中國(guó)可能同樣不會(huì)履行法庭的決定，像現(xiàn)在一樣不支付石油費(fèi)用。如果按照最壞方案發(fā)展，那到2012年3月的某個(gè)時(shí)候?qū)χ袊?guó)的石油出口可能會(huì)被終止。”該人士稱(chēng)。