Double Win for China and Russia in Oil & Gas Cooperation

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Petroleum industry plays an important role in both the Chinese and Russian economy.Petroleum cooperation between the two countries continue to accelerate since China opening wider to the outside world, and Chinese oil companies have increased their presence in Russia. Sino–Russia joint-ventures, oil & gas trade has progressed smoothly, there is a better future for cooperation in oil & gas development in Russian Far Eastern region. Chinese and Russian companies will continue to benefit from collaboration in petroleum industry. Petroleum industry plays an important role in both the Chinese and Russian economy .Petroleum cooperation between the two countries continue totringerous since China opening wider to the outside world, and Chinese oil companies have increased their presence in Russia. Sino-Russia joint-ventures, oil & gas trade has progressed smoothly, there is a better future for cooperation in oil & gas development in Russian Far Eastern region. Chinese and Russian companies will continue to benefit from collaboration in petroleum industry.
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