International cooperation of the PRC and the Russian Federation in the energy sector

The Chinese-Russian oil and gas cooperation has a long history - more than 20 years. During this time, the parties laid the contractual and legal foundations of partnership relations between the two countries, and solved many problems in the energy sector. The interaction between China and Russia is influenced by a number of factors, such as the internal and external environment, the constant strengthening of political mutual trust between the two countries, and the convergence of economic interests. Oil and gas cooperation between the PRC and the Russian Federation has great potential, and at different stages it is characterized by specific features. Although nowadays the two countries cooperation in the energy sector is still facing a number of challenges. The comprehensive deepening of practical cooperation between China and Russia in the field of energy not only contributes to the stability of the global energy market, but is also of great importance for the strengthening of Sino-Russian economic and trade relations.