The Russia-China oil pipeline was inaugurated today by Presidents Hu Jintao and Dmitry Medvedev. President Hu called the project, " an example of our cooperation in the energy sector, which cooperation is based on the principles of reciprocity and mutual benefit.I very much hope that after this ceremony, the corresponding companies and departments in China and Russia will make further efforts to promote our cooperation in order to take Chinese-Russian relations and strategic partnership to a higher level".

Mr. Medvedev said,"This is a major project that will truly bring our nations even closer and allow us to resolve a wide variety of economic and social challenges. It is directed toward the future, it is mutually beneficial, and I am certain that it will be advantageous to both our nations."