Kazakhstan Parliament has ratified the agreement between Kazakhstan and Chinese governments on cooperation during development and exploitation of Kazakhstan-China oil pipeline.
The number of users along the pipeline and regional networks are not large enough to consume this gas. That's why we had to slash the project from 6 to 3 billion cubic meters of gas: Bishimbayev.
Gas has started flowing to energy-hungry China through a pipeline from Myanmar, Beijing's official media reported, in a major project that highlights their economic links even as political ties weaken.
New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing".
North America's pipeline network must be radically redrawn with new links such as Keystone XL to meet growing Canadian oil output, or risk a blow to the country's economy.