China, Russia accelerate energy cooperation amid deepened interdependency
14 February 2022New energy cooperation projects are being carried out in full swing between China and Russia as the interdependency of the two economies has been strengthened.
An underwater shield-crossing project that passes through the Yangtze River of the China-Russia Eastern Gas Pipeline is in full swing, which is the key project of the southern section of the China-Russia Eastern Gas Pipeline. It has a total length of 10.226 kilometers, and it's the longest tunnel under construction across the Yangtze River.
On February 3, China National Petroleum Corp (CNPC) and Russia's Gazprom signed an agreement on the purchase and sale of gas from the Russian Far East, another important result of cooperation in gas trade.
Under the agreement, Russia will increase its pipeline gas supply to China by 10 billion cubic meters a year, which, together with the "Siberian Power" pipeline, will bring total gas supply to China to 48 cubic meters per year.
Related
-
ACEG Ranked on 2024 ENR “Top 250 International Contractors” List for 16 Consecutive Years
26 December 2024
-
Russia sells stakes in Kazakh uranium deposits to Chinese companies
24 December 2024
-
KSP Oman to boost energy grid efficiency
20 December 2024
-
Bulgaria may halt Russian gas transit to Serbia and Hungary due to sanctions on Gazprom
13 December 2024
-
Oil steady as demand offsets supply risk
13 December 2024
-
Serbia and Russia collaborate on oil pipeline project to diversify energy supply and enhance security
11 December 2024