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Posts Tagged ‘transit’

Ba Ria-Vung Tau urged to become deepwater transit port

In Uncategorized on August 9, 2010 at 3:22 pm




Ba Ria-Vung Tau urged to become deepwater transit port


QĐND – Monday, August 09, 2010, 21:38 (GMT+7)

Prime Minister Nguyen Tan Dung has emphasized the need to turn the southern province of Ba Ria-Vung Tau into a regional deepwater transit port in the next five years.


In his meeting with the provincial authorities on August 9, Mr Dung suggested that the province should take advantage of its seaport to develop high-tech industries and tourist services, and increase added values in agricultural production.


He asked the southern province to cooperate with ministries and relevant agencies to upgrade its port facilities and ensure it is easily accessible and connected to other infrastructure projects.


Mr Dung said the coastal southern province should create major industrial products and improve their hi-tech processing to become competitive in both domestic and international markets.


In the future, he added, Ba Ria-Vung Tau needs to complete its master plan for tourism development.


Ba Ria-Vung Tau has maintained a high economic growth rate since 2006. Its GDP in 2010 is 2.27 times higher than in 2005.


Source: VOV


Source: QDND

Russian oil transit through Ukraine to continue

In World on December 29, 2009 at 11:14 am

Russian oil shipments to Europe through Ukraine will continue without disruption as the two countries renegotiate their transit agreement, Russia’s Deputy Prime Minister Igor Sechin said Tuesday.


“We expect that there will be no problems with the transit,” Sechin was quoted as saying by the RIA Novosti news agency.


Ukraine said Monday it wanted to change the terms of the deal, signed in 2004, under which Russia ships oil through Ukrainian territory to the EU.


Ukraine had sought and obtained an increase in the tariffs Russia pays to transit its oil through Ukrainian pipelines, but the two sides had still not agreed on how much oil — subject to those tariffs — Russia would “guarantee” to pump through Ukraine, officials said.








File photo of a Russian oil well outside Nefteyugansk, western Siberia

Sechin said Russia was still negotiating with Ukraine on the final terms of the new deal.


Disputes between Russia and Ukraine on pricing and transit of Russian natural gas shipped to EU clients have caused serious supply disruptions in recent years, but Ukrainian officials gave assurances that transit would continue even if talks were not concluded by the end of the year.


EU sources in Brussels also played down fears of another looming energy dispute between Russia and Ukraine that could have an impact on EU energy supplies.


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