English > Industry&Companies > Industry-Breaking News>China, Russia to End Oil Loan Talks by March

China, Russia to End Oil Loan Talks by March

02-04 13:27 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2009-02-03/110052476.html

» The talks were launched late last year but have been suspended several times due to disagreements between the two sides.

» According to the memorandum of understanding on oil cooperation inked by the two countries on October 28, 2008, China will offer oil loans for Russia's Transneft and Rosneft, in exchange for a certain amount of oil supply from Russia.

 

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