Russia, China expanding energy cooperation, deputy PM says
Quick Look
- Russia and China are expanding their energy cooperation, with joint projects continuing and plans for their expansion being outlined, according to Russian Deputy Prime Minister Alexander Novak.
- This includes gas supplies, oil, electric power, and coal industries.
AI-generated summary
Why It Matters
Russian Deputy Prime Minister Alexander Novak stated that cooperation between Russia and China in the energy sector is developing, with joint projects continuing and plans for expansion underway. This statement was made during Russian President Vladimir Putin's visit to China.
MOSCOW, May 20. /TASS/. Cooperation between Russia and China in energy is developing, joint projects are continuing and plans for their expansion have been outlined, with relevant work underway between companies, Russian Deputy Prime Minister Alexander Novak told Izvestia.
"All aspects of interaction between our countries were discussed both in broad and narrow formats today. It was emphasized that our trade turnover is growing and that cooperation is developing in all areas, particularly in energy. Major joint projects continue to be implemented, plans have been outlined to expand these projects and relevant work is underway between our companies. This concerns, among other things, gas supplies and gas supply routes," he said.
This also includes cooperation in the oil industry, electric power sector and coal industry, Novak added.
Russian President Vladimir Putin’s visit to China is taking place on May 19-20.
Open Questions
- What are the specific details of the expansion plans for joint energy projects?
- What are the new gas supply routes being considered?
- What is the projected increase in trade turnover due to energy cooperation?
