FACTBOX-China and Russia's energy ties

China and Russia will sign a gas pact on Tuesday during
Russian Premier Vladimir Putin's visit, as pressure builds for
the world's top gas exporter to make concrete moves to supply
the world's No.2 energy user. [ID:nPEK241983]

China imported 10.2 million tonnes of crude oil from Russia
in the first eight months of this year, or nearly 8 percent of
China's total crude imports during the same period, Chinese
customs data showed.

In addition to a small amount of electricity imports into
northeastern Heilongjiang province, China also shipped in
several spot cargoes of liquefied natural gas (LNG) this year
from Russia's newly launched Sakhalin II, a project controlled
by Russia's gas monopoly Gazprom (GAZP.MM: Quote, Profile, Research).

The following are some of the deals signed or proposed in
recent years between the two countries.

-- China agreed in April 2009 to lend $10 billion to
Russian oil pipeline monopoly Transneft and another $15 billion
to state-run oil major Rosneft in exchange for 300 million
tonnes of Russian oil to be transported over a proposed
pipeline over 20 years. About 15 million tonnes of crude every
year will be sent to China upon the completion of the pipeline,
which is scheduled for October 2010. China now receives most of
its Russian oil by rail.

-- Gazprom said in 2006 that the Russian gas export
monopoly would build two major pipelines to China but the
projects have been delayed due to disagreements over gas
pricing.

-- China's state-owned Sinopec group in 2006 invested
billions of dollars with Russia's biggest oil producer,
Rosneft. They jointly run Siberia's UdmurtNeft oil producer and
share the Sakhalin-3 Veninsk exploration block on Russia's
Pacific coast, representing China's first foray into Russia's
oil and gas industry.

-- In 2006, China's CNPC and Russia's Rosneft agreed to
build a 200,000 bpd refinery and jointly operate 300 or more
petrol stations. Port city Tianjin, near Beijing, has been
picked as the site of the plant. Meanwhile, the sides set up a
joint venture in Russia to tap upstream opportunities in
Russia. No other solid progress has been announced.

-- CNPC was allocated $500 million worth of shares in
Rosneft through its IPO in July 2006, although it placed an
order for up to $3 billion worth of shares.

-- Russia's nuclear power technologies were adopted by
China National Nuclear Corporation, China's leading nuclear
power developer, in its Jiangsu plant which has two
1.06-gigawatt nuclear power reactors in operation and is
expected to be expanded further.
(Reporting by Jim Bai and Chen Aizhu; Editing by Nick Macfie)