Russia has already made a decision in principle to build an oil pipeline from Eastern Siberia to the Pacific Ocean. This is a large-scale and costly project that experts should thoroughly study.
The Russian corporations are now studying the possibility of exporting natural gas to China from Russia.
This has caused serious concerns for the Russian side. The proportion of value-added products shipped to China should be increased.
Given the surging demand of energy prompted by China's rapid economic growth, Russia would like to increase energy co-operation oil and natural gas in particular with China.
Corporations from both countries are conducting pragmatic negotiations on the construction of a pipeline to carry Siberian oil to China.
I think we all agree that a big project like this requires a full and thorough survey.
Compared with China's trade volume with other countries it may not be a very big figure, but what matters most is the momentum of rapid growth.
