|Chinese Vice Premier Wang Qishan (R) skakes hands with Russian Deputy Prime Minister Igor Sechin in Tianjin, east China, Sept. 21, 2010. They co-hosted the sixth round of the Sino-Russian energy negotiators' meetings on Tuesday. (Xinhua/Xie Huanchi)|
TIANJIN, Sept. 21 (Xinhua) -- Chinese Vice Premier Wang Qishan said Tuesday Sino-Russian energy cooperation enjoys bright prospects.
Wang made the remarks while co-chairing the sixth round of the Sino-Russian energy negotiators' meeting with Russian Deputy Prime Minister Igor Sechin in Tianjin, a major port city in north China.
China was willing to work with Russia to expand energy cooperation in areas such as oil, natural gas, nuclear power, electric power and coal in the spirit of active cooperation and mutual benefit, Wang said.
"All-around and deep energy cooperation between the two countries will be of strategic significance," he said.
Leaders of the two countries attache great importance to bilateral energy cooperation, and the two sides have made great achievements in the framework of the meeting mechanism, he said.
The latest round of the meetings could pave the way for Russian President Dmitry Medvedev's upcoming visit to China.
In August, Russia officially launched its section of a pipeline that will deliver east Siberian oil to China, and the pipeline is expected to be put into operation by the end of 2010.
The pipeline project is part of a bilateral loan-for-oil deal reached in February 2009 between the two countries, under which China offered Russia a 25-billion-U.S.-dollar long-term loan and Russia supplies a total of 300 million tonnes of oil through pipelines to China from 2011 to 2030.
Wang said the two countries also pushed forward natural gas cooperation, enjoyed rapidly increasing coal cooperation and sound cooperation in electricity trading, nuclear energy, energy efficiency, new energy, and energy equipment manufacturing.