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03/08/2006:

"Russia Approves Divisive Pipeline Plan"

...Transneft, the state-controlled pipeline operator, is set to build the 2,500-mile pipeline, which would run from Taishet in eastern Siberia to the Pacific coast. With an annual capacity of 80 million tons of crude, it would allow Russia to increase its oil exports to China, Japan and other Asia-Pacific economies.

The $11.5 billion project is a strategic goal of President Vladimir Putin's government, which wants to diversify the country's export network and build Russia into an energy superpower.
washingtonpost.com