Russia and China expanding energy cooperation

Covers fossil, renewable and nuclear energy.

China and Russia agreed to expand cooperation in energy projects during the tenth meeting of China-Russia energy cooperation committee in Beijing.

China wants to advance discussions on existing projects and find new sectors for cooperation through the committee's effort. It is also willing to expand all-around energy cooperation with Russia.

China hopes both sides can work together to ensure the increase of Russian oil supplies to China; expand cooperation in upstream oil projects and set a refinery joint venture in Tianjin as a pilot project.

China also hopes to work with Russia on natural gas and nuclear energy projects, increase coal and electricity imports from Russia and expand cooperation in renewable energy and energy efficiency.

Russia is ready to work with China to take advantage of each other's competitiveness and achieve new cooperation in energy sectors.