Assessment of China's Energy Sector and Prospects for Russia-China Energy Cooperation
The main goals of this article are to determine the grounds and assess opportunities for development of cooperation between Russia and China in energy sector. It reviews the current situation in energy sector of China, primary energy production and consumption by fuel, import of basic energy sources, potential of Russian export to the China. Article says that China is self-sufficiency in coal. In the future, it is highly likely, that the gap between oil and gas production and consumption will open higher, expansion of the installed capacity of large hydropower plants and nuclear power plants will slowdown. Development of the renewable energy sector will be successful, but they are not be able even to partly replace fossil fuels. Current China’s import routes of energy supply are not fully secure. These circumstances are positive factors for development energy cooperation between China and Russia. The idea is that in this way Russia may solutions a few problems: expanding the national infrastructure, growing of mutual energy supplies to EAEU member states, increasing of export to China, Mongolia, Resp. Korea, Japan and other markets. The necessity of planning of energy cooperation between Russia and China as well as is noted. Create a concept, the doctrine and the strategy of energy cooperation between China and Russia is need. Formulation of ideas, creation of draft concepts is one of the areas of further author’s research.