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China fails to secure promise of more oil from Russia 2 MOSCOW


handed.
"No pipeline, no access to reserves, no return on the $6 billion investment -- the Chinese have signed only face-saving things and are just shaking hands and going home," Steven O'Sullivan, head of research at Moscow investment bank United Financial Group, told Reuters.
At the meeting, Russian state oil firm Rosneft signed cooperation deals with Chinese oil firm CNPC and Asia's biggest refiner Sinopec. Interfax news agency reported Rosneft planned to increase annual deliveries to China to 9 million tonnes in 2006 from 4 million tonnes in 2005.
The countries praised their improved relations in recent years and said their joint declaration was important for future ties.
"This declaration has great importance in deepening the strategic cooperation between our two countries," Hu said.
The declaration called on all countries to avoid meddling in each other's affairs. "All countries of the world should strictly observe the principles of mutual respect of sovereignty and territorial integrity, mutual non-aggression and non-interference in each other's internal affairs," it said.
They agreed on the need to fight terrorism, but said double standards on the issue were unacceptable.
"(We should) look for ways to deprive terrorism of its financial sources and social support, extirpate the ideology of terrorism and extremism. In this question, double standards are intolerable."


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