Евразийская интеграция: экономика, право, политика (Oct 2022)
Problems of Sino-Russian Energy Cooperation
Abstract
The article deals with the problems of cooperation between the PRC and the Russian Federation in the energy sector.Aim and tasks. To identify the main causes of problems and difficulties in the process of cooperation between the PRC and the Russian Federation in the context of modern international relations based on the analysis of expert assessments of Chinese and Russian scientists on the prospects for energy cooperation between the PRC and the Russian Federation.Methods. The comparative method, the method of generalization and expert analysis were used as research methods.Results. When considering the problems of energy cooperation between the PRC and the Russian Federation, it was noted that, despite the objectively favorable conditions for interaction, there are difficulties in the implementation of specific energy cooperation projects: the lack of long-term energy strategic planning, the insufficient level of mutual trust between the two countries, a certain inconsistency in the position of the government and specific enterprises, as well as the impact of fierce competition in the international energy market.Conclusions. For the rapid and stable development of Sino-Russian energy cooperation, China and Russia need to strengthen mutual trust through the expansion of comprehensive meetings and consultations, convergence of the legislative framework, which will make it possible to strengthen the position of energy cooperation in the face of growing sanctions pressure from the United States and its allies.
Keywords