Passage: In 2006, China and Russia have made "historic breakthroughs" in investment and cooperation in the petroleum industry, Zhou Jiping, deputy general manager of the China National Petroleum Corporation (CNPC), said in Beijing on Thursday. So far this year, the two countries have signed a series of agreements on setting up two joint venture companies involving oil and gas exploitation and the construction of a pipeline transporting Russian crude oil to the Chinese border, according to the CNPC official.
transporting