ASSESSMENTS

Russia, China: Extending ESPO

Oct 27, 2008 | 21:40 GMT

Oleg Nikishin/Epsilon/Getty Images

Summary

Russia and China announced Oct. 27 that Russia's state-owned oil distribution company Transneft has produced blueprints for constructing a spur linking Russia's partially constructed Eastern Siberia-Pacific Ocean pipeline to China. Both countries have much to gain from this massive project, but formidable challenges remain.

Transneft has released blueprints for a pipeline link between Russia and China, an important step toward forming economic and political ties between the two Cold War communist rivals....

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