The Research Of Continue Development Sino-Russian Petroleum Relationship

The development of comprehensive economic cooperation between China and Russia is one of the key factors to strengthen and enrich the partnership and strategic cooperation between China and Russia. Russia and China is fully aware of the need for the strengthening of its rapid economic base. Sino-Russian cooperation in petroleum cooperation from all directions is very promising. As a result of economic reforms, China has achieved rapid economic growth. Rapid economic change has greatly increased the need for oil in China’s domestic market, resulting in the fact that the country’s energy consumption exceeds domestic supply. It is estimated that China’s implementation guidance, and establish a new ambitious economic development goals of the period to2020will require further substantial increase in consumption in the country. High consumption trends, forced Chinese leaders to step up action to ensure the country’s oil security. Therefore, today, China is a promising, huge market potential.Russia is an oil-exporting countries, China is a large demand for an oil, petroleum cooperation between China and Russia is increasingly becoming the focus of attention by the two governments. From a practical point of view, the Sino-Russian petroleum cooperation has many favorable factors, and has made a series of important results. The petroleum cooperation between the two sides there are many constraints, there are differences such as the interests of the Sino-Russian oil economy, Russia’s investment environment needs to be improved. There are a number of constraints within a short time are also difficult to eliminate its impact on the future of Sino-Russian petroleum cooperation should not be underestimated. Therefore, China and Russia should be a coordinated plan to coordinate the promotion of long-term petroleum cooperation, petroleum cooperation to effectively become the strategic support of the bilateral strategic cooperation and peaceful development.In the paper is studied the background of the Sino-Russian economic relations (1990-1999years), as well as the purpose and significance of the Sino-Russian petroleum cooperation on the basis of analysis of the theoretical basis of the Sino-Russian petroleum cooperation. Reviewed the current status of China’s energy situation. In the paper were analyzed the main direction of the fuel and oil complex development. Studies have shown that forms of cooperation between Russia and China and the solution of practical problems in the oil sector in line with long-term interests of both sides. Russian and Chinese oil policy cooperation has obvious advantages. Shown to affect the cooperation between China and Russia to the further development of the negative factors in the oil sector.In the paper is analyzes how to solve problems in the cooperation proposal. Analyzed positive and negative factors in the process of economic cooperation between Russia and China. Detailed assessment of the prospects for cooperation in the oil sector in Russia and China.