Cooperation of Russian and Chinese oil and gas companies under sanctions
Abstract
The article is devoted to the peculiarities of cooperation between Russian and Chinese oil and gas companies under sanctions. It is noted that Russia’s ongoing turn to the East increases its dependence on China. The dynamics and structure of trade turnover of the analyzed countries are provided as confirmation. It is shown that the main areas of cooperation between Russian and Chinese oil and gas companies are export, projects for field development, and production of liquefied natural gas (LNG). The article looks into the largest investment projects of Chinese companies in the oil and gas sector of Russia. At the same time, the problems and prospects for oil and gas cooperation between Russian and Chinese companies under sanctions are identified.
About the Author
A. V. Sheveleva
MGIMO University
Russian Federation
Russian Federation
Anastasia V. Sheveleva - Doctor of Economics, Associate Professor, Professor, Department of Management, Marketing and Foreign Economic Activity named after I.N.Gerchikova
76 Vernadsky Prospect, Moscow, 119454
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Review
For citations:
Sheveleva A.V. Cooperation of Russian and Chinese oil and gas companies under sanctions. International Business. 2024;(1 (7)):6-11.
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