China and Russia to expand energy cooperation

China and Russia to expand energy cooperation

Source: www.chinamining.org   Citation: chinadaily.com.cn   Date: April 22, 2015

Energy cooperation is a key focus of China-Russia cooperation and the countries have made progress, Zhang Gaoli, vice premier of the State Council said on Tuesday.

Zhang, also Chinese co-chair of the China-Russia Energy Cooperation Committee, met with Arkady Dvorkovich, the Russian deputy prime minister and Russian co-chair, preparing for the top leaders` meeting in May, according to the Xinhua News Agency.

President Xi Jinping is expected to visit Moscow on May 9 to join commemorations of the 70th anniversary of the end of World War II in Europe.

Both parties have achieved results in a host of big projects in oil, gas, coal and power industries. The two sides should implement long-term crude oil trade cooperation and the China-Russia east natural gas line project as planned, said Zhang.

He added that negotiating the west natural gas line project in an active way, expanding cooperation in upstream oil projects and promoting the refinery joint venture in Tianjin as a pilot downstream project were other priorities.

Efforts should also be expanded to cooperate in coal, power trade, renewable energies, energy equipment and technologies.

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