Alexander Novak took part in the seventh Russian-Chinese Energy Business Forum.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Alexander Novak took part in the Russian-Chinese Energy Business Forum in Beijing.

"The Russian-Chinese Energy Business Forum has been held for the seventh time since 2018, and it is safe to say that it has become a significant tool for promoting the expansion of Russian-Chinese energy cooperation and reaching bilateral agreements on joint projects in energy and related industries," the Deputy Prime Minister said.

Alexander Novak noted that Russia and China's energy cooperation is steadily strengthening, gaining new content, and emerging as a genuine strategic alliance. Cooperation is expanding in the oil, gas, and coal industries. Fruitful collaboration in peaceful nuclear energy and electricity supplies to China also continues. Experiences have been exchanged in scientific and technological development, power grid management and operation, technology development and transfer, and personnel training. Strategic objectives include strengthening the two countries' energy security, which includes ensuring sustainable energy supplies for the future, expanding long-term hydrocarbon supply contracts, technological collaboration, implementing joint gas transportation projects, and developing cross-border infrastructure and logistics.

"The Russian Federation is committed to the closest possible partnership with China in the energy sector across all areas of cooperation. I am confident that integrating the two countries' efforts in traditional and new energy sectors will ensure the sustainable development of our economies and create a technologically balanced energy landscape for the long term," emphasized Alexander Novak.

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