Russia to increase oil supplies to China despite sanctions

(AGI) Moscow, Sept 23 - Russia will increase its oil suppliesto China as planned, despite sanctions prohibiting the supplyof foreign technologies and funds to Russian oil companies."Wehave the recourses that we need, we are able to increaseproduction (in eastern Siberia), we have finances for that,"Kirill Molodsov said at an energy conference on Tuesday."Russia does not see any risks or dangers that these projects(to increase oil flows to China) would not be put on stream asdecided," Molodsov said. Moscow and Beijing agreed in 2013 toboost Russian oil exports to around 1 million

(AGI) Moscow, Sept 23 - Russia will increase its oil suppliesto China as planned, despite sanctions prohibiting the supplyof foreign technologies and funds to Russian oil companies."Wehave the recourses that we need, we are able to increaseproduction (in eastern Siberia), we have finances for that,"Kirill Molodsov said at an energy conference on Tuesday."Russia does not see any risks or dangers that these projects(to increase oil flows to China) would not be put on stream asdecided," Molodsov said. Moscow and Beijing agreed in 2013 toboost Russian oil exports to around 1 million barrels of oilper day after 2018. The state-owned Rosneft oil company is theonly supplier of eastern Siberian oil and is on the list ofcompanies sanctioned. (AGI) .