The presidium of government of Russian FEDERATION today approved acceding to China about a collaboration in an oil sphere, which foresees building of branch from an oil pipeline East Siberia – Pacific ocean on PEOPLES Republic of China. «It will allow to increase our export capacities on 15 million t/ies, will create the stable and reliable market of sale to oil in east direction from vostochno-sibirskikh deposits», – the prime minister of Russian FEDERATION Vladimir Putin marked on meeting. In the near time
will be fully put into an operation the first turn of oil pipeline East Siberia – Pacific ocean from the city of Taysheta in the Irkutsk area to the city Skovorodino in the Amur area, Putin said.
on territory of Russian FEDERATION and PEOPLES Republic of China and submarine transition across the river Amur.Oil pipeline "Skovorodino – border with PEOPLES Republic of China" it is the branch of the nefteprovodnoy system "East Siberia – Pacific ocean" and created with the purpose of diversification of export streams Russian
oils from the deposits of Western and East Siberia. The basic market of sale to oil for the designed nefteprovodnogo route is a market of China.Russian party gives on a period in 20 years a right for access to the oil pipeline for supplying to oil in PEOPLES Republic of China  "Transnefti"
and  "Rosnefti" for providing of return $25 milliard of credit facilities, got within the framework celled with Bank of development of China of credit agreements. In addition, a release from payment of import custom duty is assumed, tax on added
cost and collections for custom registration at an import/export necessary for building of oil pipeline of build materials and equipment (including a build technique), and also transport vehicles and services of Chinese by contract organization (only in
relation of VAT). In addition, percents and other payments on credits rid of taxation in both states.