Ideological affinity that was the basis of
Now hardly anyone would dispute that the
relationship between the two major powers of
Main drivers in bilateral relations now are interests of economic
China this year overtook the U.S. by the level of dependence on foreign oil
published data showing that from January to May the country's
dependence on foreign supplies of crude oil reached 55.2% leaving the
U.S. behind by this indicator.
How to ensure the energy security of the PRC? Professor of the Institute of
Itszyun believes it is necessary to adhere to the long-term policy of
imports diversification: to promote onshore strategic channels for import
of energy and push oil enterprises to actively participate in investment
projects in the energy sector of foreign countries.
The interests of energy security are pushing China to diversify its energy
strategy of diversification by type of resource as well as by geographic
location of energy resources.
China needs and will need for the next 20-25 years more
neighbor and has a rather big export potential.
Until now, the main export destination of these resources was
area for the first time in recent years declined. At the
moment, there is no reason to expect both an increase in
export volumes and export prices for oil and gas.
At the same time, to the East of us there is a clear interest in
countries whose needs will steadily increase over the next 20
years. Hence, the need to build infrastructure to supply these
countries not only with energy but also with products of deep
processing of hydrocarbons.
One of our major domestic problems right now is the
vast and rich with natural resources region, whose
population is continuously declining for the last 20
Region's natural resources ‒ water, forests, energy,
raw materials, agricultural, recreational ‒ are huge
and varied, but the use is still very inadequate. At the
same time, only two Chinese provinces near the
border with Russia are home to 141 million Chinese.
And throughout the Russian Far East and Eastern
Siberia ‒ only 6 million Russians live.
-on shore – 52,4
- seashelf – 14,9
Share of the East in Russia’s
total resources –
Initial Gas Resources of Eastern Siberia and the Far East, Trln cub.m
Astrakhan and Orenburg Regions
Political leaders of both countries consider development of bilateral
President Hu Jintao during his meeting with Russian Defense Minister
areas for the implementation of the next 10-year program of its
development…The two sides over the previous 10 years have achieved
"significant progress in cooperation in such fields as energy, science and
President Vladimir Putin in June 2012 in "The People's Daily":
"... I want to stress the strategic nature of the dialogue between Russia
and China in the energy sector. Our joint projects seriously change the
entire configuration of the global energy market. For China, it makes more
reliable, more diversified energy supplies for domestic use. For Russia it
means opening new export routes to the dynamic Asia-Pacific Region.
The turn to the East is a capital-intensive and multi-step process. Right
On October 30, 2012 the Board of Directors of OAO "Gazprom" made a
oil-condensate field and construction of gas pipeline system from
Chayanda field to Vladivostok along the existing ESPO-route. Both objects
should be put into operation in 2017, the pipeline design capacity is 61
billion m3 per year. In this volume, in addition to domestic consumption,
13.8 billion m3 per year are forseen for the LNG plant in Vladivostok, with
the subsequent delivery of LNG mainly to Japan, 10 billion m3 per year of
pipeline supplies are going to be delivered to the Republic of Korea
through North Korea and about 30 billion m3 per year are planned for
shipments to China in the area of Blagoveshchensk or Dalnerechensk.
What inhibits the development of cooperation
The dominant role of state-owned companies in this sector. State-owned
organizations. Slow and conservative. This applies not only to our own, but
to Chinese companies, too. As stated by Chinese officials, often they are
not competitive and are burdened by problems such as ineffective
monitoring of costs and environmental pollution. “Large volumes of costs
still comprise non-operational costs of public companies: the support of
schools, hospitals, communities, pensions and needy employees. "
In Russia one speaks less about it, but in reality the lack of flexibility of
our energy exports to China and other Asian countries.
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