Given the surging demand of energy prompted by China's rapid economic growth, Russia would like to increase energy co-operation oil and natural gas in particular with China.
Compared with China's trade volume with other countries it may not be a very big figure, but what matters most is the momentum of rapid growth.
This has caused serious concerns for the Russian side. The proportion of value-added products shipped to China should be increased.
I think we all agree that a big project like this requires a full and thorough survey.
Russia has already made a decision in principle to build an oil pipeline from Eastern Siberia to the Pacific Ocean. This is a large-scale and costly project that experts should thoroughly study.
Corporations from both countries are conducting pragmatic negotiations on the construction of a pipeline to carry Siberian oil to China.
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