Sunday, November 9, 2014

Chinese, Russian presidents vow to enhance energy cooperation


BEIJING, Nov. 9 (Xinhua) -- Chinese President Xi Jinping and his Russian counterpart Vladimir Putin vowed to enhance energy cooperation on Sunday.
Strengthening energy cooperation is of great significance to safeguarding the two countries' energy security, the two leaders agreed during their meeting ahead of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting slated for Nov. 10-11.

The two countries have seen broader and closer feasible cooperation in new situation, according to the two leaders.

They agreed to push forward the construction of the east route gas pipeline as scheduled, launch the west route at an early date, negotiate major oil projects in an earnest manner, and discuss new cooperation projects of nuclear power and hydropower.

The two leaders also agreed to beef up cooperation in high-speed rail, high technology, aerospace and finance sectors.
Xi has held talks or met with Putin for ten times since he assumed the office of Chinese presidency in March 2013. 
http://news.xinhuanet.com/english/china/2014-11/09/c_133776799.htm
9/11/14
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 Related:
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  • Russia, China Discuss New Project on Pipeline Gas Supplies From Far East: Gazprom CEO ...

Russia and China have discussed a new project on pipeline gas supplies to China from the Russia's Far East, Gazprom CEO Alexei Miller said Sunday.
"In the medium-term perspective there is one more new route which is now under negotiations with China, these are the pipeline gas deliveries from the Far East," Miller told journalists commenting on the bilateral documents signed by Russia and China Sunday at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing.
Russia and China have signed 17 documents, including the memorandum on the delivery of Russian natural gas to China via the so-called western route, the priority project for the gas cooperation between the two countries.
According to Miller, gas exports to China were set at 30 billion of cubic meters over a span of 30 years.
On Sunday, executives of Russian and Chinese energy companies met in Beijing to discuss the signing of bilateral agreements in the sphere of oil and gas trade. The meeting was held in the presence of Russian President Vladimir Putin and his Chinese counterpart Xi Jinping.
http://en.ria.ru/business/20141109/195376679/Russia-China-Discuss-New-Project-on-Pipeline-Gas-Supplies-From.html
9/11/14
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