Analysis Of Oil And Energy Cooperation Between China And Russia

These years the price of petroleum has kept increasing throughout the world. The petroleum energy security has become one of the nost important issue for the safety strategy of a country.China is a country with large consuming and importing petroleum. With the economic development, it has a demand of importing more and more petroleum. Thus the secruty situation at present mustn't be ingored. Russia can be able to produce and export petroleum.With many petroleum strategies, the two countries could find a good combination in the benefits of the energy. They had posstive cooperations in the aspect of petroleum energy, but the progress were not smooth. The petroleum pipeline was once changed, which added much hard work for the two-side cooperation. The "Year of China" and "Year of Russia" held by two countries mutually, the three agreements on energy resources cooperation signed by China and Russia, and the further cooperation on the middle and down stream oil market will provide a new turning point for eliminating the obstacles and deepening the cooperaton in energy field.About energy issue, China and Russia can cooperate and rely on each other. They are close to each other. and have a good relationship in politics. All these help them decide a close cooperation and two-side benefits. If the two countries can conduct further cooperation in this issue, it will maintain and ensure energy safety of the world, and force the all-round development in the Sino-Russia economic trading and strategic cooperation, meanwhile, it will drive the development of cooperation between northern and eastern Asia and the establishment of cooperation in energy machemism.It will mean a lot and have a posstive influence in the cooperation. So we could say this energy cooperation is a win-win cooperation based on coordination of the politics and benefits of the econmy.