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The pipeline is owned by Sinopec, China's largest oil refiner.
China is South Korea's biggest trading partner, with Seoul's exports to Beijing accounting for a quarter of the total in 2012.
A rift is growing between rich and poor countries, who say they are vulnerable to adverse effects of climate change.
The rocket blasted off from Russia's Yasny-Dombarovsky launch site in the Orenburg region.
Brazil and Russia discussed preparations for the sixth BRICS Summit next year.
The 3rd BRICS International Competition Conference is being held in the Indian capital.
The IT sector is set to accelerate by 12-14 per cent the current fiscal.
Profits stood at 1.97 trillion yuan ($321.50 billion) in the January-October period.
The yuan fell 0.01 per cent to close at 6.0927 per dollar in Shanghai.