Russia will substantially increase oil supplies to China, make customers in Beijing, in a package deal signed this week, industry insiders said on Wednesday. Russia's largest producer of crude oil company, Rosneft, Russia in 2018 will increase to Chinese exports about 340000 tons to 340000 tons (1 million barrels a day), the source told Reuters. The agreement can be signed later this week in China's new President, xi jinping, visited Moscow as part of a broader agreement, which may include more weapons delivery and discussion of natural gas supply. Oil deal may also involve loans, to $3 billion in the Russian oil company purchase Anglo tnk-bp's Russian oil company in the process, it is $5.5 billion. A Russian oil company spokesman declined to comment. "Didn't know the Russian oil company to take the liberty of the scale of the increase of the supply of oil to China," one source said, because of the cheap money may come from China, the Russian oil company could refinance loans, accumulated from the west bank of tnk-bp's deal. This personage says, last Thursday, Russian President vladimir putin on the expected President igor sechin, his longtime ally and the President of the Russian oil company, as well as the newly appointed el villa Nabiullina circular head and the federal customs service officials attended the meeting, discuss the deal. Russia has been steadily increasing crude exports to Asia, European costs and flow to about 15% of its oil exports, through a pipeline to China this year and the Pacific coast. Putin called on domestic companies to establish closer ties with Asia, demand for energy in Europe, Russia's largest oil and gas market has been weak, because of the influence of the financial crisis. China and Russia in the international politics and global problems, such as Syria, had a similar view, discover new things in common. Flow rate rise, this year Sources said that the Russian oil company plans through east siberia-pacific ocean (ESPO) pipeline, in order to increase oil supply 1 million tons next year to 5000000 tons, 2 million tons this year from 2015 to 2017. Since 2018, ESPO ship a total of 30 million tons, twice the current volume. Russian oil companies also hope that through the Pacific port of Kozmino ships of 7 million tons, in China this year to 2014 tonnes in 9 million. The sources said that the Russian oil company is considering from kazakhstan to China shipments up to 10 million tonnes a year, from January 1, 2014, adjustable. Rosneft is loan-for-oil agreement with China is not strange. Transneft pipeline operators in 2008 countries it received $25 dollars contract, to finance the construction of ESPO, now China and other Asian customers with crude oil. Russia, is the world's largest oil producer, and China appears to be a natural partner, it's own raw materials trading, but they are not so far away to the seal gas supply agreement for nearly 20 years, mainly because Moscow will not cut their prices within easy reach of the end user in China, who are highly sensitive to the input costs of inflation. "It's going to be very hard to achieve a natural gas deal itself a source says," added, on the price issue is still alive. According to interfax news agency, Russian deputy energy minister yuri Sentyurin, says the department is preparing to increase oil supply for China's intergovernmental agreement. He declined to disclose more details.


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