Russia and China Strengthen Energy and Strategic Ties

Alexander Novak: Russia and China consider each other as priority partners.

Consensus

Russia and China consider each other priority partners.
The meeting took place at the Eastern Economic Forum.
Alexander Novak met with Chinese Vice-Premier Ding Xuexiang.
Novak chaired the 23rd session of the Russia-China Inter-governmental Commission on Energy Cooperation.
Energy resources from Russia account for about 30% of total trade between the two countries.
Russia remains a leading supplier of oil to China.
Gas exports via the 'Power of Siberia' pipeline are steadily increasing.
The Far Eastern route of the 'Power of Siberia' is preparing for launch.
Discussions continue on the 'Sila Baikal' project.
Joint projects in Arctic gas extraction and liquefaction are developing.
A gas processing complex on the Baltic Sea is under development.
The Zashulansky coal deposit in Zabaykalsky Krai is being developed.

Igor Sechin, CEO of Rosneft, stated that conditions for strategic partnership are created and must be strengthened, emphasizing risks from Western policies and calling for unity against external threats. — vedomosti
Putin stated that cooperation between Russia and China is progressing successfully across multiple sectors, including energy, industry, space, transport, logistics, and agriculture. — vedomosti
Putin reported a 34% increase in mutual agricultural product trade. — vedomosti
Chinese Vice-Premier Ding Xuexiang stated that China intends to deepen strategic cooperation with Russia's Far East and enhance regional collaboration. — vesti
Ding Xuexiang emphasized that the implementation of leaders' agreements will support deeper regional partnership and boost the well-being of both nations. — vesti