Translation. Region: Russian Federation –
Source: Rosneft – An important disclaimer is at the bottom of this article.
China is shaping a new global energy landscape, one that represents a synthesis of traditional and alternative energy sources, said Igor Sechin, Executive Secretary of the Presidential Commission on Fuel and Energy Complex Development Strategy and Chief Executive Officer of Rosneft Oil Company.
"Today, China is a great energy power, shaping a new image of the global energy sector. The country is moving at breakneck speed toward building a new type of energy system, a synthesis of traditional and alternative sources," Sechin said at the opening of the 7th Russia-China Energy Business Forum (RCEBF) in Beijing.
According to him, the West has followed the path of the well-known German philosopher Jacob Boehme, who preached a magical method for achieving results: “As we say among our people, ‘by the pike’s command, by my will’ or ‘with God’s help’.”
He noted that China's electricity generation is more than twice that of the United States, while 20 years ago, the situation was exactly the opposite. China accounts for a third of global investment in the energy sector, Sechin emphasized. This year, investment is expected to reach approximately $900 billion, 30% more than the entire North American investment and more than 1.5 times that of Europe.
According to the head of Rosneft, advanced technological development and the unprecedented pace of electrification have made China the world's leading energy consumer. "Such energy needs require a special approach to energy security," Sechin concluded.
Department of Information and Advertising of PJSC NK RosneftNovember 25, 2025
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