SINO-RUSSIAN ENERGY COOPERATION: OPPORTUNITIES AND CHALLENGES

Author Name: Ajit Kr Paswan

Volume/Issue: 02/10

Country: India

DOI NO.: 08.2020-25662434 DOI Link: https://www.doi-ds.org/doilink/04.2022-56439887/UIJIR

Affiliation:

PhD student in the Chinese Studies Division at the Centre for East Asian Studies, School of International Studies, Jawaharlal Nehru University, New Delhi, India

ABSTRACT

Energy cooperation deepen Sino-Russian bilateral relations. Both have own interests that led to establish a ‘win-win’ cooperation. Geographical proximity become an accelerating factor in the installation of infrastructural network which is supported by huge Chinese investment and advanced technology. Russia’s natural energy reserve ensure China for a sustainable energy supply. The cooperation provides an alternative of western market to both. Mutual interest turns into a strengthen energy cooperation. Additionally, Bilateral trust has been building with previous experiences that are based on the bilateral agreements, high level negotiations and economic potential. Simultaneously, the cooperation intervened by various internal as well as external pressures.

Key words: energy cooperation, geographical proximity, energy security, technological advancement, BRI