Moscow, President Vladimir. Russia's Putin praises unprecedented Russian-Chinese energy cooperation
President Putin delivered a speech at the Russia-China Energy Forum in Beijing today. It was the last day of a two-day visit to China and was the first time traveling outside the Soviet Union this year. Relations of overall partnership and strategic cooperation between the Russian Federation and the People's Republic of China have reached an unprecedented level. and will continue to develop dynamically One of these relationships is an increasingly active energy cooperation.
Mr. Igor Sechin, Chairman of Rosneft A major Russian oil company told the forum that More than 75 percent of Russia's exports to China are energy-related products. In 2023, Russia will export a record 30 billion cubic meters of gas to China. and has overtaken Saudi Arabia to become the main oil exporter to China.
Russia is heavily sanctioned by Western countries. Especially regarding oil Because of the group of 7 leading industrial countries or the G7, the European Union or the EU. and Australia has set a price ceiling on Russian oil exports. This caused Russia to find a way to export oil to Asia instead. Even if it has to be sold at a reduced price. Russia hopes The Power of Siberia 2 gas pipeline will begin laying in 2019 to bring large quantities of gas from Russia to China. 2024.-Thai News Agency
Source: Thai News Agency