The energy cooperation of Russia and China

Russia is the world's largest oil producer, where oil production takes 12.9% of the global total, and it is the second largest oil exporter after Saudi Arabia. Russia has full oil and gas processing system and take a strong stand in the oil and gas production, which is crucial for the development of the world energy market. "Gazprom", "Rosneft" and "Transneft" are three Russian giants in the field of oil and gas. In the next 20 years Russia will be one of the few countries whose oil and gas may be greater than their consumption.