China and Russia ink MoU on 4 energy deals

Four agreements on energy cooperation.

China and Russia's energy negotiators have signed a memorandum of understanding in cooperation on energy market assessment, a roadmap on cooperation in the coal sector, the minutes of the meeting on coal cooperation and an agreement on electricity supply.

The four documents were aimed at further enhancing energy cooperation between China and Russia, which has by now yielded fruitful results.

During the meeting which was co-chaired by Chinese Vice Premier Wang Qishan and Russian Vice Prime Minister Arkady Dvorkovich, the two sides agreed to start oil and natural gas cooperation following the principle of upstream and downstream integration.

They also agreed to further expand coal and power trade, undertake research on energy reservation and promote the application of renewable energy.

They will sign an official inter-governmental protocol on the second phase of the Tianwan Nuclear Power Plant.