Russian Defense Ministry: Terrorists are preparing strikes with chemical weapons in AleppoRussian Politics & Diplomacy September 28, 21:46
OPEC reaches oil production limiting dealBusiness & Economy September 28, 21:37
Central Bank rejects reports Russians lost over $1.1 bln in pension fundsBusiness & Economy September 28, 20:53
Nemtsov murder trial to take place at Moscow court on October 3Russian Politics & Diplomacy September 28, 20:11
Lavrov draws Kerry's attention to reports Jebhat al-Nusra receives weapons from USRussian Politics & Diplomacy September 28, 19:30
Russian defense ministry doubts objectivity of MH17 crash investigators' reportRussian Politics & Diplomacy September 28, 19:07
Investigators of MH17 crash fail to match real damage — missile manufacturerWorld September 28, 18:12
"Illegal geologists" detained in Russia for trying to sell uncut 1 kg emeraldSociety & Culture September 28, 17:33
Moscow considers MH17 probe biased, politically motivated — foreign ministryRussian Politics & Diplomacy September 28, 17:10
YAKUTSK, April 24. /TASS/. Russia's Tuymaada-Oil and China's company Qin Hua An Tszyu plan to build an oil refinery with a capacity of 2 mln tonnes per year, Investment Promotion Agency of the Sakha Republic told TASS Friday.
"According to the agreement signed in Beijing, the refinery will be located in Aldan region of Yakutia. A joint venture is expected to be established for the project implementation. The project bid cost totals $2 bln," the Agency said.
A more detailed discussion of the project will be held in May, during the Chinese company’s visit to Yakutia. "The investment volume, the term, shares in the joint venture will be discussed in detail in Yakutsk," a source said.
The University of Tsinghua, international funds, as well as the China National Petroleum Corporation (CNPC) support the Qin Hua An Tszyu company.