Amur Gas Processing PlantBEIJING, Jan 25 Cooperation between Moscow and Beijing in the energy sector is deep and diverse nature, said Russian Ambassador to China Andrey Denisov. Separately, he noted the work on renewable energy sources and the processing of energy raw materials.
"This gives us reason to say that a kind of energy alliance has already been formed between Russia and China& #34;, — the diplomat emphasized at a press conference.
Denisov called energy «the basis of bilateral cooperation in the material sphere», predicted the continued high demand for Russian natural gas in China, and also said that the parties are now actively discussing new projects in the field of blue fuel supplies.
Cooperation between Russia and China restrains tensions in the world, ambassador saidIn early January, Novatek signed an agreement with Chinese Zhejiang Energy for 15 years to supply up to a million tons of liquefied natural gas (LNG) produced by Arctic LNG 2 per year. China gas pipeline «Power of Siberia». Its first section, from the Chayandinskoye field in Yakutia to Blagoveshchensk (border with China), about 2,200 kilometers long, was launched at the end of 2019, and the second, from the Kovykta field to Chayandinskoye, almost 800 kilometers long, is planned to be put into operation at the beginning of 2023. Under the terms of the contract with the Chinese CNPC, the volume of deliveries should be increased annually until reaching the design capacity of 38 billion cubic meters by 2025. At the same time, an increase in exports to 44 billion cubic meters of gas per year is being discussed. According to Beijing, trade between Russia and China grew by 35.8% in 2021 and amounted to a record $146.887 billion. Chinese exports for the reporting period increased by 33.8% year-on-year to $67.565 billion, deliveries from Russia to China increased by 37.5%, amounting to $79.322 billion.
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