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US sanctions & protectionism strengthen bonds between Russia and China
Published time: 1 Dec, 2018 06:10
© Global Look Press / imago stock&people
“New growth points in Russian-Chinese cooperation could be joint development of the oil and gas resources on the shelves of the Arctic and Russia’s Far East, as well as development of navigation along the Northern Sea Route,” Sechin said at the first Russian-Chinese Energy Forum in Beijing.
Read more
Russian Arctic sea route shipping more than quadruples in 5 years
The project, aimed at creating a major electrical power complex in the Far East region, looks promising, according to the Rosneft chief. The complex, which will reportedly be powered by coal and renewable energy, will mainly export energy to China.
“We may also boost cooperation in petrochemicals and gas processing,”Sechin said. “We see synergies from these interactions, Chinese banking services are more in demand, there is the opportunity to build vertically integrated networks and we have opportunities to work together in other countries.”
Over the past years, Moscow and Beijing have significantly increased energy cooperation, as energy-rich Russia has been using its proximity to China to reach the Asian nation’s growing market.
Moreover, both countries have found themselves in the middle of geo-political and trade tensions instigated by Washington. Numerous US sanctions against Russia, as well as the current trade spat between Washington and Beijing have forced China and Russia to further boost their partnership.
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https://twitter.com/RT_com/status/1068025514756063233
The new port, which will be located in small Nenets settlement of Indiga, will be operated year-round https://on.rt.com/9jea
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2:15 PM - Nov 29, 2018
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Russia to invest $4 billion to build Arctic port along Northern Sea Route — RT Business News
Plans for building a sea port in on one of Russia’s northernmost areas have been brought back to life. The $4 billion project in the Nenets region is key to the country's strategic plan to open...
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HomeBusiness News
US sanctions & protectionism strengthen bonds between Russia and China
Published time: 1 Dec, 2018 06:10
© Global Look Press / imago stock&people
- 24
“New growth points in Russian-Chinese cooperation could be joint development of the oil and gas resources on the shelves of the Arctic and Russia’s Far East, as well as development of navigation along the Northern Sea Route,” Sechin said at the first Russian-Chinese Energy Forum in Beijing.
Read more
Russian Arctic sea route shipping more than quadruples in 5 yearsThe project, aimed at creating a major electrical power complex in the Far East region, looks promising, according to the Rosneft chief. The complex, which will reportedly be powered by coal and renewable energy, will mainly export energy to China.
“We may also boost cooperation in petrochemicals and gas processing,”Sechin said. “We see synergies from these interactions, Chinese banking services are more in demand, there is the opportunity to build vertically integrated networks and we have opportunities to work together in other countries.”
Over the past years, Moscow and Beijing have significantly increased energy cooperation, as energy-rich Russia has been using its proximity to China to reach the Asian nation’s growing market.
Moreover, both countries have found themselves in the middle of geo-political and trade tensions instigated by Washington. Numerous US sanctions against Russia, as well as the current trade spat between Washington and Beijing have forced China and Russia to further boost their partnership.
RT
✔@RT_com
https://twitter.com/RT_com/status/1068025514756063233
The new port, which will be located in small Nenets settlement of Indiga, will be operated year-round https://on.rt.com/9jea
48
2:15 PM - Nov 29, 2018
Twitter Ads info and privacy
Russia to invest $4 billion to build Arctic port along Northern Sea Route — RT Business News
Plans for building a sea port in on one of Russia’s northernmost areas have been brought back to life. The $4 billion project in the Nenets region is key to the country's strategic plan to open...
rt.com
“Amid the politics of unilateral action and trade protectionism, strengthening Russia-China energy cooperation is extremely important for jointly securing energy security and shaping an open world economy,”China’s First Deputy Prime Minister Han Zheng said.
