Russian official advises Russia, Kazakstan to increase oil export to the East
9/10/2008 17:14
Russia and Kazakhstan should increase oil export to the East, especially
China, Chairman of Russian Federation's Council Committee for CIS Affairs Vadim
Gustov said yesterday.
Russia and Kazakhstan have cooperated very well in
exporting oil and natural gas to the West. And now as the market in the region
is growing fast, both countries should step up energy exports to the East,
especially China, Gustov said at the International Oil and Gas Exhibition and
Conference (KIOGE-2008) in Almaty, Kazakhstan, according to Kazakh Telegraph
Agency.
Currently, the two countries are continuously deepening their
cooperation in oil exploitation and processing, he said, adding that they should
build an oil alliance to consolidate the sellers' position in the international
oil market.
Xinhua
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