Route-2030
... it is only economically viable to use pipes instead of rail if over 50 Mt is shifted. Political dialogue with China and the end price (which is a trade secret) will determine the result; it is estimated that the sum is about $60 per barrel for Urals oil – surely one must question the validity of the win-win situation at that price? However, more recently, things appear to have moved in a more positive manner as Rosneft and CNPC deal to increase supplies via ESPO have a higher reported price and the deals post Xi Jinping visit show that China is interested. Uneasy Passengers – Gas: China’s feat of securing Urals oil for half the market price and being a peculiar ...