The China-Russia oil pipeline is likely to be completed by the end of this year and the project will enter into operation in 2011, Chinese Foreign Minister Yang Jiechi said here Sunday.

Yang made the remarks at the press conference held Sunday on the sidelines of the annual session of the National People's Congress, the country's top legislature.

Yang said the China-Russia relation is one of the priorities of China's diplomacy and that there is much potential in the practical cooperation and development for both countries.

The two countries support each other on issues concerning core interests. On many major international and regional issues, China and Russia share same or similar views and have close communications, Yang said.

China and Russia signed a series of agreements on energy, oil, natural gas, coal, power, nuclear and high-speed railways last year, Yang said.