In an interview with Vremya Novostei, Sergei Razov said Russian crude oil exports to China by rail had tripled in the last few years.
A pipeline between Taishet (Eastern Siberia) and Skovorodino (the Amur region on the border with China) with a capacity of 30 million tons a year will be completed in 2008, he said.
"Transneft, a Russian oil major, and China National Petroleum Corporation are holding consultations on building a branch from Skovorodino to China and are to submit their proposals to the two countries' authorities," Razov said.
The ambassador continued that Russia was also interested in providing civilian technological equipment, apart from metal and forest resources, to China. In particular, Russia wanted to export high capacity thermopower units (800-1,000 MW), he said.
Razov said Russia, with its unique experience in peaceful nuclear developments, was ready to help build nuclear power plants in China. In particular, he said the equipment used to build two units of the Tianwan nuclear power plant was the most technologically advanced in China.
He said Russian products were competitive on the Chinese market, in such sectors as civilian aircraft, and oil and mining equipment.
Razov said Russia-China trade hit a record of $21 billion last year, and was up by more than 20% this year.
