PANG Changwei

(№.4,2013)

Abstract: Russia has abundant energy resources, which plays an important part in global energy security. To keep
its status of big producing nation , Russia is going to explore the oil and gas in Arctic shelf, enhances the output of hard-extraction oil and gas field in West Siberian, propels resource strategy eastward and announces the idea of united development of the eastern oil and gas resources. From March 22 nd to 24 th , President Xi visited Russia successfully. The energy cooperation between China and Russia, especially concerning the field of oil and gas, has gained huge breakthrough, reached the agreement of increasing the supply of crude oil, and signed Natural Gas Cooperation Understanding Memorandum.
Keywords: Russia; oil and gas resource; Sino-Russia cooperation