The most popular Russian Prime Minister said that

2022-08-05
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Russian Prime Minister says China Russia natural gas cooperation agreement consolidates Russia's energy market position Russian Prime Minister says China Russia natural gas cooperation agreement consolidates Russia's energy market position May 26, 2014 Russian Prime Minister Dmitry Medvedev said on the 24th that the signing of the China Russia east line natural gas cooperation agreement is a "great achievement", further consolidating Russia's position in the world energy market

Medvedev said in an interview with Russian state television that the Asia Pacific market is currently the fastest growing market and is expected to become the largest market in Russia

he also said that Russia has always attached importance to natural gas cooperation with Europe, and the European market is also very important to Russia. He said: "Russia is developing continuously. We are rich in natural gas resources. Russia can also seek other markets."

when attending the 18th St Petersburg International Economic Forum on the 23rd, Russian President Putin said that the natural gas exported to China comes from two new gas fields in eastern Russia, with a total natural gas reserve of 3trillion cubic meters, which can guarantee the output to China for 50 years. Putin said that Russia and China have also steadily promoted the establishment of the strategic energy alliance through experiments already done by scientists, making it a pillar of energy security in the Asia Pacific region and developing from imitation skills to digital skills

on the 21st, the Chinese and Russian governments signed the memorandum of China Russia east line natural gas cooperation project. China National Petroleum Corporation (CNPC), an enterprise of the two countries, and Russia natural gas Industry Corporation (Rosneft) signed the China Russia east line gas supply purchase and sales contract. According to the contract, from 2018, Russia began to supply gas to China through the east line of the China Russia natural gas pipeline. The gas transmission volume increased year by year, and finally reached 38billion cubic meters per year, with a cumulative contract period of 30 years

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