'The oil friendship', the state of and prospects for Russian-Chinese energy cooperation:
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Bibliographic Details
Main Authors: Kaczmarski, Marcin 1979- (Author), Kardaś, Szymon (Author)
Format: Electronic eBook
Language:English
Published: Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2016
Subjects:
Online Access:BSB01
Item Description:The oil sector has been the major element of Russian-Chinese energy cooperation. The years 2013-2015 saw a significant increase in the volume of crude oil exported by Russia. In 2015, China became the main importer of Russian oil; Russia became the second largest supplier of oil to the Chinese market, after Saudi Arabia. From Beijing's perspective, supplies of Russian oil are of strategic importance because the main supply routes are overland routes. Russia, for its part, is interested in boosting its export because of its deteriorating position on the European market, which hitherto has been considered a strategic market.Cooperation in the field of natural gas has been less advanced; so far Russia has exported only insignificant amounts of liquefied natural gas (LNG) to China. China is less dependent on the import of gas (its own production covers around 70% of the demand). Beijing has been dynamically developing its LNG infrastructure, and has at its disposal gas pipelines which connect China with producer countries in Central Asia. Additionally, all the projects carried out within the framework of Russian-Chinese gas cooperation are being hampered by the financial problems Moscow is experiencing
Physical Description:1 Online-Ressource(1 p. 9)

There is no print copy available.

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