According to Vladimir Putin, Russia and China have achieved a very high level of bilateral ties in the oil and gas, coal and power-generating sectors.

“We are purposefully implementing large-scale joint projects to build nuclear power plants in China and to produce liquefied natural gas in the Russian Arctic,” he emphasized in his welcoming address to the participants in the Russian-Chinese Energy Business Forum.

In addition, the President drew attention to the business forum’s role in expanding cooperation in the energy sector. The forum ensures regular dialogue between representatives of state agencies, leading industry corporations, banking organisations and expert communities of the two countries. The compilation of the Russia-China Energy Cooperation Investment Atlas is a highly important aspect of the forum’s activities.

“I sincerely wish you success and all the best,” Putin concluded.